Spi Energy Co Ltd (SPI) Stock: What Does the Chart Say Wednesday?

Overall market sentiment has been neutral on Spi Energy Co Ltd (SPI) stock lately. SPI receives a Neutral rating from InvestorsObserver Stock Sentiment Indicator.

Spi Energy Co Ltd has a Neutral sentiment reading. Find out what this means for you and get the rest of the rankings on SPI!

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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 SPI Stock Today?

Spi Energy Co Ltd (SPI) stock is trading at $1.37 as of 1:55 PM on Wednesday, Nov 9, a loss of -$0.03, or -2.14% from the previous closing price of $1.40. The stock has traded between $1.35 and $1.44 so far today. Volume today is light. So far 38,950 shares have traded compared to average volume of 95,504 shares. To see InvestorsObserver's Sentiment Score for Spi Energy Co Ltd click here.

More About Spi Energy Co Ltd

SPI Energy Co Ltd offers photovoltaic solutions for business, residential, government, and utility customers and investors. The company provides a range of engineering, procurement, and construction services to third-party project developers. It is also engaged in the development, manufacture, and marketing of various PV modules. It procures PV modules and other equipment for project construction from independent suppliers and contract work to third-party EPC contractors in areas such as logistics, installation, construction, and supervision. The company's geographical segments are the United Kingdom, Australia, United States, Greece, Japan, and Italy, of which the majority of its revenue comes from Australia. Click Here to get the full Stock Report for Spi Energy Co Ltd stock.