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Should You Buy Udemy Inc (UDMY) Stock After it Is Lower By 4.91% in a Week?

Wednesday, November 30, 2022 02:36 PM | InvestorsObserver Analysts
Should You Buy Udemy Inc (UDMY) Stock After it Is Lower By 4.91% in a Week?

Udemy Inc (UDMY) stock is lower by 4.91% over the past week and gets a Bearish rating from InvestorsObserver Sentiment Indicator.

Sentiment Score - ,bearish
Udemy Inc has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on UDMY!

What is Stock Sentiment?

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 UDMY Stock Today?

Udemy Inc (UDMY) stock is lower by -0.63% while the S&P 500 has gained 1.9% as of 2:36 PM on Wednesday, Nov 30. UDMY is lower by -$0.09 from the previous closing price of $14.24 on volume of 387,859 shares. Over the past year the S&P 500 is lower by -13.37% while UDMY is lower by -47.94%. UDMY lost -$1.01 per share in the over the last 12 months. To screen for more stocks like Udemy Inc click here.

More About Udemy Inc

Udemy Inc operates a marketplace platform at the center of a vibrant knowledge network. The platform provides over 44 million learners with access to over 183,000 courses in 75 languages and over 180 countries. Click Here to get the full Stock Report for Udemy Inc stock.

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