NTN Buzztime Inc (NTN) stock has gained 27.37% over the past week and gets a Bullish rating from InvestorsObserver's Sentiment Indicator.
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.
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 NTN Stock Today?
NTN Buzztime Inc (NTN) stock has gained 18.13% while the S&P 500 is down -0.66% as of 3:29 PM on Thursday, Oct 15. NTN has gained $0.35 from the previous closing price of $1.93 on volume of 1,831,388 shares. Over the past year the S&P 500 has gained 16.46% while NTN is down -34.29%. NTN lost -$1.69 per share in the over the last 12 months.
More About NTN Buzztime Inc
NTN Buzztime Inc delivers interactive entertainment and innovative dining technology to bars and restaurants in North America. It licenses its customizable solution that offers guests trivia, card, sports and single player games, nationwide competitions, and by offering self-service dining features including dynamic menus, touchscreen ordering, and secure payment. The company offers Buzztime Entertainment On Demand (BEOND), a tablet platform. It generates revenue by charging subscription fees for its service to its network subscribers, by leasing equipment to certain network subscribers, by hosting live trivia events, by selling advertising aired on in-venue screens and as part of customized games and by pay-to-play single player games.