Should You Buy Vision Marine Technologies Inc (VMAR) Stock on Friday?

Overall market sentiment has been down on Vision Marine Technologies Inc (VMAR) stock lately. VMAR receives a Bearish rating from InvestorsObserver Stock Sentiment Indicator.

Vision Marine Technologies Inc has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on VMAR!

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What is Stock Sentiment?

Sentiment uses short term technical analysis to gauge whether a stock is desired by investors. As a technical indicator, it focuses on recent trends as opposed to the long term health of the underlying company. Updates for the company such as a earnings release can move the stock away from current trends. 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 VMAR Stock Today?

Vision Marine Technologies Inc (VMAR) stock has risen 4.39% while the S&P 500 is down -0.11% as of 10:08 AM on Friday, Dec 1. VMAR has gained $0.06 from the previous closing price of $1.32 on volume of 3,967 shares. Over the past year the S&P 500 is up 11.83% while VMAR is down -69.40%. VMAR lost -$1.75 per share in the over the last 12 months. To see InvestorsObserver's Sentiment Score for Vision Marine Technologies Inc click here.

More About Vision Marine Technologies Inc

Vision Marine Technologies Inc is engaged in designing and manufacturing electric outboard powertrain systems and related technology. The company manufactures hand-crafted, highly durable, low maintenance, environmentally-friendly electric recreational powerboats. Its manufacturing models of electric powerboats include Phoenix 290, Bruce 22, Volt 180, Fantail 217, and Quietude 156. The company's segment includes the Sale of electric boats and Rental of electric boat. It generates maximum revenue from the Sale of electric boats segment. Click Here to get the full Stock Report for Vision Marine Technologies Inc stock.