Should You Buy Lantronix Inc (LTRX) Stock on Monday?

Lantronix Inc (LTRX) stock has gained 15.65% over the past week and gets a Bullish rating from InvestorsObserver Sentiment Indicator.

Lantronix Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on LTRX!

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What is Stock Sentiment?

Sentiment uses short term technical analysis to gauge whether a stock is desired by investors. As a technical indicator, it focuses on recent trends as opposed to the long term health of the underlying company. Updates for the company such as a earnings release can move the stock away from current trends. Price action is generally the best indicator of sentiment. For a stock to go up, investors must feel good about it. Similarly, a stock that is in a downtrend must be out of favor. InvestorsObserver’s Sentiment Indicator considers price action and recent trends in volume. Increasing volumes often mean that a trend is strengthening, while decreasing volumes can signal that a reversal could come soon. The options market is another place to get signals about sentiment. Since options allow investors to place bets on the price of a stock, we consider the ratio of calls and puts for stocks where options are available.

What's Happening With LTRX Stock Today?

Lantronix Inc (LTRX) stock has risen 5.32% while the S&P 500 is down -0.81% as of 1:19 PM on Monday, Jan 30. LTRX is higher by $0.25 from the previous closing price of $4.70 on volume of 348,913 shares. Over the past year the S&P 500 is lower by -10.58% while LTRX is down -31.54%. LTRX lost -$0.14 per share in the over the last 12 months.

More About Lantronix Inc

Lantronix Inc is a networking company. It provides secure data access and management solutions for the Internet of Things (IoT) and information technology assets. It organizes its products and solutions into three product lines: IoT, which is the key revenue driver for the company, information technology management, and others. The company serves a diverse range of markets including healthcare, industrial, security, energy, transportation, and government networking. Its primary geographic markets are the Americas, Europe, the Middle East and Africa, and Asia Pacific Japan. The Americas contribute the vast majority of total revenue. Click Here to get the full Stock Report for Lantronix Inc stock.