The market has been down on SenesTech Inc (SNES) stock recently. SNES gets a Bearish score from InvestorsObserver's Stock Sentiment Indicator.
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 SNES Stock Today?
SenesTech Inc (SNES) stock has gained 2.65% while the S&P 500 is lower by -0.53% as of 11:49 AM on Monday, Feb 22. SNES has gained $0.05 from the previous closing price of $2.04 on volume of 1,422,387 shares. Over the past year the S&P 500 has gained 20.46% while SNES is lower by -46.13%. SNES lost -$4.82 per share in the over the last 12 months.
More About SenesTech Inc
SenesTech Inc is a United States-based biotech platform and research company engaged in developing technology for managing animal pest populations through fertility control. The company provides its solutions to the animal market, commercial markets, and food markets.