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What is the Market's View on NTN Buzztime Inc (NTN) Stock's Price and Volume Trends

Tuesday, December 29, 2020 01:34 PM | InvestorsObserver Analysts
What is the Market's View on NTN Buzztime Inc (NTN) Stock's Price and Volume Trends

NTN Buzztime Inc (NTN) stock has gained 12.62% over the past week and gets a Bullish rating from InvestorsObserver's Sentiment Indicator.

Sentiment Score - ,bullish
NTN Buzztime Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on NTN!

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.

Changes in price are generally the best indicator of sentiment for a particular stock. At its core, a stock's trend indicates whether current market sentiment is bullish or bearish. Investors must be bullish if a stock is trending upward, and are bearish if a stock is moving down.

InvestorsObserver's Sentiment Indicator factors in both price changes and variations in volume. An increase in volume usually means a current trend is stengthening, while a drop in volume tends to signal a reversal to the ongoing trend.

Our system also uses the options market in order to receive additional signals on current sentiments. We take into account the ratio of calls and puts for a stock since options allow an investor to bet on future changes in price.

What's Happening With NTN Stock Today?

NTN Buzztime Inc (NTN) stock is trading at $2.32 as of 1:29 PM on Tuesday, Dec 29, a loss of -$0.09, or -3.73% from the previous closing price of $2.41. Volume today is high. So far 2,023,222 shares have traded compared to average volume of 492,545 shares. The stock has traded between $2.20 and $2.86 so far today.

To see the top 5 stocks in the Broadcasting industry click here.

More About NTN Buzztime Inc

NTN Buzztime Inc delivers interactive entertainment and innovative dining technology to bars and restaurants in North America. It licenses its customizable solution that offers guests trivia, card, sports and single player games, nationwide competitions, and by offering self-service dining features including dynamic menus, touchscreen ordering, and secure payment. The company offers Buzztime Entertainment On Demand (BEOND), a tablet platform. It generates revenue by charging subscription fees for its service to its network subscribers, by leasing equipment to certain network subscribers, by hosting live trivia events, by selling advertising aired on in-venue screens and as part of customized games and by pay-to-play single player games.

Click Here to get the full Stock Score Report on NTN Buzztime Inc (NTN) Stock.

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