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Should You Buy Yext Inc (YEXT) Stock on Thursday?

Thursday, October 05, 2023 01:02 PM | InvestorsObserver Analysts

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Should You Buy Yext Inc (YEXT) Stock on Thursday?

Overall market sentiment has been down on Yext Inc (YEXT) stock lately. YEXT receives a Bearish rating from InvestorsObserver Stock Sentiment Indicator.

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

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. 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 YEXT Stock Today?

Yext Inc (YEXT) stock has gained 0.16% while the S&P 500 has fallen -0.62% as of 12:59 PM on Thursday, Oct 5. YEXT has gained $0.01 from the previous closing price of $6.07 on volume of 635,410 shares. Over the past year the S&P 500 is up 11.78% while YEXT has gained 27.73%. YEXT lost -$0.19 per share in the over the last 12 months. To see InvestorsObserver's Sentiment Score for Yext Inc click here.

More About Yext Inc

Yext Inc provides a knowledge engine platform that lets businesses manage their digital knowledge in the cloud and sync it to approximately 200 services including Apple Maps, Bing, Cortana, Facebook, Google, Google Maps, Instagram, Siri and Yelp. Digital knowledge is the structured information that a business wants to make publicly accessible. The company also makes search intelligent by helping to provide precise, accurate and current answers to location-based queries that are conducted across the web and mobile applications and voice and artificial intelligence, or AI, engines. The company derives its revenues primarily from subscription services. Click Here to get the full Stock Report for Yext Inc stock.

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