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Should You Buy Mediaco Holding Inc (MDIA) Stock After it Has Risen 21.49% in a Week?

Friday, October 22, 2021 09:53 AM | InvestorsObserver Analysts

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Should You Buy Mediaco Holding Inc (MDIA) Stock After it Has Risen 21.49% in a Week?

The market has been down on Mediaco Holding Inc (MDIA) stock recently. MDIA gets a Bearish score from InvestorsObserver Stock Sentiment Indicator.

Sentiment Score - ,bearish
Mediaco Holding Inc has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on MDIA!

What is Stock Sentiment?

Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score. As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend. Changes in price are generally the best indicator of sentiment for a particular stock. At its core, a stock's trend indicates whether current market sentiment is bullish or bearish. Investors must be bullish if a stock is trending upward, and are bearish if a stock is moving down. InvestorsObserver's Sentiment Indicator factors in both price changes and variations in volume. An increase in volume usually means a current trend is stengthening, while a drop in volume tends to signal a reversal to the ongoing trend. Our system also uses the options market in order to receive additional signals on current sentiments. We take into account the ratio of calls and puts for a stock since options allow an investor to bet on future changes in price.

What's Happening With MDIA Stock Today?

Mediaco Holding Inc (MDIA) stock has risen 15.44% while the S&P 500 is lower by -0.09% as of 9:52 AM on Friday, Oct 22. MDIA is higher by $1.24 from the previous closing price of $8.03 on volume of 76,381 shares. Over the past year the S&P 500 has risen 32.31% while MDIA is higher by 199.03%. MDIA lost -$1.64 per share in the over the last 12 months.

More About Mediaco Holding Inc

MediaCo Holding Inc is a radio broadcasting media company. It has two radio stations, WQHT-FM and WBLS-FM, which serve the New York City metropolitan area. The company generates revenue from radio and outdoor advertising sales and events including sponsorships and ticket sales. Click Here to get the full Stock Report for Mediaco Holding Inc stock.

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