Should You Buy Nautilus, Inc. (NLS) Stock on Friday?

Friday, July 01, 2022 12:56 PM | InvestorsObserver Analysts

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Should You Buy Nautilus, Inc. (NLS) Stock on Friday?

The market has been down on Nautilus, Inc. (NLS) stock recently. NLS gets a Bearish score from InvestorsObserver Stock Sentiment Indicator.

Nautilus, Inc. has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on NLS!

See Full NLS Report

What is Stock Sentiment?

In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company. 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 NLS Stock Today?

Nautilus, Inc. (NLS) stock is trading at $1.71 as of 12:50 PM on Friday, Jul 1, a decline of -$0.04, or -2.57% from the previous closing price of $1.75. The stock has traded between $1.70 and $1.80 so far today. Volume today is light. So far 219,553 shares have traded compared to average volume of 1,108,297 shares. To screen for more stocks like Nautilus, Inc. click here.

More About Nautilus, Inc.

Nautilus Inc is a global technology-driven fitness solutions company. It designs home-fitness equipment that it sells under the Bowflex, Schwinn, JRNY and Nautilus brands. The company operates in two segments, Direct, and Retail. The direct business offers products directly to consumers through television advertising, catalogs and its websites. The Retail business offers products through a network of independent retail companies and specialty retailers with stores and websites located in the U.S. and internationally. It also derives a portion of revenue from the licensing of its brands and intellectual property. Click Here to get the full Stock Report for Nautilus, Inc. stock.