Should You Buy Mediaco Holding Inc (MDIA) Stock After it Is Higher By 12.23% in a Week?

Thursday, July 29, 2021 01:16 PM | InvestorsObserver Analysts

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Should You Buy Mediaco Holding Inc (MDIA) Stock After it Is Higher By 12.23% in a Week?

Mediaco Holding Inc (MDIA) stock has risen 12.23% over the past week and gets a Bullish rating from InvestorsObserver Sentiment Indicator.

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

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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. Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish. InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion. For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.

What's Happening With MDIA Stock Today?

Mediaco Holding Inc (MDIA) stock is trading at $6.70 as of 1:12 PM on Thursday, Jul 29, an increase of $0.36, or 5.68% from the previous closing price of $6.34. The stock has traded between $6.24 and $9.75 so far today. Volume today is high. So far 5,567,889 shares have traded compared to average volume of 4,192,135 shares. To screen for more stocks like Mediaco Holding Inc click here.

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.