The market has been down on iRobot Corporation (IRBT) stock recently. IRBT gets a Bearish score from InvestorsObserver's Stock Sentiment Indicator.
What is Stock Sentiment?
When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. This means that earnings updates and other news can greatly impact overall sentiment.
Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive.
InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend.
Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .
What's Happening With IRBT Stock Today?
iRobot Corporation (IRBT) stock is trading at $118.86 as of 1:46 PM on Tuesday, Jan 26, an increase of $3.05, or 2.63% from the previous closing price of $115.81. The stock has traded between $111.45 and $122.00 so far today. Volume today is high. So far 1,335,231 shares have traded compared to average volume of 924,010 shares.
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More About iRobot Corporation
iRobot Corp is a US-based consumer robot company. It designs and builds robots that assist consumers with the solutions for the activities to be carried both inside and outside of the home. The company's consumer robot comprises a portfolio of solutions which includes cleaning, mapping and navigation, human-robot interaction, and physical solutions. The company operates in the business segment of Consumer robots. The consumer robot products are provided to the consumers by retail businesses and online store. The company primarily derives its revenue from the product sales. It sells the products across the United States and around the world.
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