Should You Buy ShiftPixy Inc (PIXY) Stock After it Has Risen 3.57% in a Week?

Overall market sentiment has been neutral on ShiftPixy Inc (PIXY) stock lately. PIXY receives a Neutral rating from InvestorsObserver Stock Sentiment Indicator.

ShiftPixy Inc has a Neutral sentiment reading. Find out what this means for you and get the rest of the rankings on PIXY!

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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. 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 PIXY Stock Today?

ShiftPixy Inc (PIXY) stock is trading at $0.29 as of 2:08 PM on Thursday, Jun 16, a drop of -$0.01, or -3.61% from the previous closing price of $0.30. The stock has traded between $0.26 and $0.31 so far today. Volume today is low. So far 1,718,736 shares have traded compared to average volume of 11,699,759 shares.

More About ShiftPixy Inc

ShiftPixy (PIXY) provides a disruptive human capital management platform, revolutionizing employment in the Gig Economy by delivering a next-gen mobile engagement technology to help businesses with shift-based employees navigate regulatory mandates, minimize administrative burdens and better connect with a ready-for-hire workforce. With expertise rooted in managementâ??s nearly 25 years of workersâ?? compensation and compliance programs experience, ShiftPixy adds a needed layer for addressing compliance and continued demands for equitable employment practices in the growing Gig Economy. Click Here to get the full Stock Report for ShiftPixy Inc stock.