Overall market sentiment has been high on Westwater Resources Inc (WWR) stock lately. WWR receives a Bullish rating from InvestorsObserver's Stock 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.
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 WWR Stock Today?
Westwater Resources Inc (WWR) stock is lower by -14.99% while the S&P 500 has risen 0.72% as of 9:45 AM on Wednesday, Jan 20. WWR is down -$1.05 from the previous closing price of $7.00 on volume of 1,508,978 shares. Over the past year the S&P 500 has gained 15.22% while WWR has risen 163.27%. WWR lost -$3.03 per share in the over the last 12 months.
To see InvestorsObserver's Sentiment Score for Westwater Resources Inc click here.
More About Westwater Resources Inc
Westwater Resources Inc is an explorer and developer of mineral resources that are materials essential to clean energy production. It holds minerals rights in the Western United States and the Republic of Turkey for both lithium and uranium deposits, as well as licensed production facilities for uranium in Texas. The company operates in three reportable segments, which are uranium, lithium and graphite mining activities, including exploration, standby operations and restoration and reclamation activities.
Click Here to get the full Stock Score Report on Westwater Resources Inc (WWR) Stock.
