In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company.
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 LPRO Stock Today?
Open Lending Corp (LPRO) stock is trading at $7.35 as of 2:38 PM on Friday, Oct 7, a drop of -$0.96, or -11.51% from the previous closing price of $8.30. The stock has traded between $7.21 and $8.04 so far today. Volume today is 1,007,482 compared to average volume of 914,932.
To see InvestorsObserver's Sentiment Score for Open Lending Corp click here.
More About Open Lending Corp
Open Lending Corp is engaged in providing automated lending services to financial institutions. The company offers loan analytics, risk-based pricing, risk modeling, and automated decision technology. Its Lenders Protection Program ("LPP"), enables automotive lenders to make loans that are largely insured against losses from defaults.
Click Here to get the full Stock Report for Open Lending Corp stock.
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