Voxeljet AG (VJET) stock is lower by 17.66% over the past week and gets a Bearish rating from InvestorsObserver's Sentiment Indicator.
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.
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 VJET Stock Today?
Voxeljet AG (VJET) stock is trading at $15.11 as of 3:19 PM on Wednesday, Mar 3, a loss of -$1.16, or -7.16% from the previous closing price of $16.27. The stock has traded between $14.52 and $19.29 so far today. Volume today is more active than usual. So far 404,524 shares have traded compared to average volume of 215,686 shares.
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More About Voxeljet AG
voxeljet AG is in the business of providing 3d printers and on-demand parts services to industrial and commercial customers and also specializes in Powder-binder-Jetting of plastic and sand. Its product portfolio consists of 3d printers such as VX200, VX500, VX100 etc. The company supplies its products to the industries such as Foundries, Automotive industries, Aerospace, Pumps, Architecture, Film, and Museum etc. It has Systems and Services operating segments.
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