Trupanion Inc (TRUP) Stock: What Does the Chart Say Friday?

Trupanion Inc (TRUP) stock has risen 6.54% over the past week and gets a Bearish rating from InvestorsObserver Sentiment Indicator.

Trupanion Inc has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on TRUP!

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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. Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish. InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion. For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.

What's Happening With TRUP Stock Today?

Trupanion Inc (TRUP) stock is trading at $28.84 as of 12:58 PM on Friday, Dec 1, an increase of $3.12, or 12.13% from the previous closing price of $25.72. The stock has traded between $25.31 and $28.86 so far today. Volume today is light. So far 380,774 shares have traded compared to average volume of 813,749 shares.

More About Trupanion Inc

Trupanion Inc is a specialty insurance products provider in the United States. Its core business is the sale of insurance products tailor-made for pets, especially cats and dogs. The company generates most of its revenue from the subscription fees for the medical insurance plans. The company's medical plan pays most of the actual veterinary costs for the accident and illness claims, has no payout limitations, and can be used to cover the costs incurred at any veterinary practice, emergency care center, or specialty hospital primarily in the United States and in Canada and Puerto Rico. It operates in two business segments: subscription business and other business. Click Here to get the full Stock Report for Trupanion Inc stock.