When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. This means that earnings updates and other news can greatly impact overall sentiment.
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 SIDU Stock Today?
Sidus Space Inc (SIDU) stock is down -55.05% while the S&P 500 is up 1% as of 2:54 PM on Tuesday, Jan 31. SIDU is down -$0.49 from the previous closing price of $0.89 on volume of 20,259,466 shares. Over the past year the S&P 500 has fallen -10.14% while SIDU is down -96.48%. SIDU lost -$0.66 per share in the over the last 12 months.
To see InvestorsObserver's Sentiment Score for Sidus Space Inc click here.
More About Sidus Space Inc
Sidus Space Inc is a Space-as-a-Service company focused on commercial satellite design, manufacture, launch, and data collection with a vision to enable space flight heritage status for new technologies and deliver data and predictive analytics to both domestic and global customers. The company supports Commercial Space, Aerospace, Defense, Underwater Marine and other commercial and government customers. Its services include Multidisciplinary Design Engineering, Precision CNC Machining and Fabrication, Swiss Screw Machining, American Welding Society (AWS) Certified Welding and Fabrication, Electrical and Electronic Assemblies, and Wire Cable harness Fabrication among others.
Click Here to get the full Stock Report for Sidus Space Inc stock.
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