What is the Market's View on Carlotz Inc (LOTZ) Stock's Price and Volume Trends Thursday?

Thursday, December 08, 2022 01:34 PM | InvestorsObserver Analysts

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What is the Market's View on Carlotz Inc (LOTZ) Stock's Price and Volume Trends Thursday?

Carlotz Inc (LOTZ) stock has fallen 17.65% over the past week and gets a Bearish rating from InvestorsObserver Sentiment Indicator.

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

See Full LOTZ Report

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 LOTZ Stock Today?

Carlotz Inc (LOTZ) stock is down -3.97% while the S&P 500 is higher by 0.89% as of 1:33 PM on Thursday, Dec 8. LOTZ is down -$0.01 from the previous closing price of $0.15 on volume of 1,292,398 shares. Over the past year the S&P 500 has fallen -15.32% while LOTZ is down -95.36%. LOTZ lost -$0.86 per share in the over the last 12 months. To see InvestorsObserver's Sentiment Score for Carlotz Inc click here.

More About Carlotz Inc

CarLotz Inc is engaged in used vehicle consignment and Retail Remarketing business. The company operates a technology-enabled buying, sourcing and selling model that offers a seamless omni-channel experience and comprehensive selection of vehicles while allowing for a contactless end-to-end e-commerce interface that enables no-hassle buying and selling. Click Here to get the full Stock Report for Carlotz Inc stock.