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.
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 KPLT Stock Today?
Katapult Holdings Inc (KPLT) stock is trading at $5.32 as of 10:43 AM on Thursday, Sep 2, a rise of $0.45, or 9.33% from the previous closing price of $4.87. The stock has traded between $4.82 and $5.55 so far today. Volume today is 6,155,803 compared to average volume of 7,278,956.
To see InvestorsObserver's Sentiment Score for Katapult Holdings Inc click here.
More About Katapult Holdings Inc
Katapult Holdings Inc is an omnichannel lease-purchase platform company and provides alternative solutions for retailers and consumers. It is an eCommerce focused FinTech company offering an innovative lease purchase solution to consumers and enabling essential transactions at the merchant point of sale. Katapult associates with hundreds of retailers across the United States.
Click Here to get the full Stock Report for Katapult Holdings Inc stock.
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