What is the Market's View on Iradimed Corp (IRMD) Stock's Price and Volume Trends Wednesday?

Iradimed Corp (IRMD) stock has gained 7.99% over the past week and gets a Bullish rating from InvestorsObserver Sentiment Indicator.

Iradimed Corp has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on IRMD!

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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. Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive. InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend. Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .

What's Happening With IRMD Stock Today?

Iradimed Corp (IRMD) stock is trading at $35.96 as of 2:19 PM on Wednesday, Jan 25, a drop of -$1.25, or -3.36% from the previous closing price of $37.21. The stock has traded between $35.96 and $38.36 so far today. Volume today is 34,963 compared to average volume of 31,336. To screen for more stocks like Iradimed Corp click here.

More About Iradimed Corp

iRadimed Corp develops, manufactures, markets and distributes a Magnetic Resonance Imaging (MRI) compatible intravenous (IV) infusion pump system, and MRI compatible patient vital signs monitoring system, and accessories and services relating to them. The company provides a non-magnetic IV infusion pump system which is designed to be safe for use during MRI procedures. The MRI products of the company are sold primarily to hospitals and acute care facilities in the United States and internationally. Click Here to get the full Stock Report for Iradimed Corp stock.