InvestorsObserver
×
News Home

What is the Market's View on Vroom Inc (VRM) Stock's Price and Volume Trends Tuesday?

Tuesday, February 27, 2024 10:05 AM | InvestorsObserver Analysts

Mentioned in this article

What is the Market's View on Vroom Inc (VRM) Stock's Price and Volume Trends Tuesday?

The market has been high on Vroom Inc (VRM) stock recently. VRM gets a Bullish score from InvestorsObserver Stock Sentiment Indicator.

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

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. 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 VRM Stock Today?

Vroom Inc (VRM) stock is down -7.14% while the S&P 500 has gained 0.04% as of 10:05 AM on Tuesday, Feb 27. VRM is lower by -$0.97 from the previous closing price of $13.58 on volume of 49,931 shares. Over the past year the S&P 500 is higher by 27.35% while VRM is lower by -84.70%. VRM lost -$114.58 per share in the over the last 12 months. To see InvestorsObserver's Sentiment Score for Vroom Inc click here.

More About Vroom Inc

Vroom Inc is engaged in the business of buying and selling used vehicles through its e-commerce platform. The company functions in three segments namely, Ecommerce, which involves retail sales of used vehicles through the company's ecommerce platform and fees earned on sales of value-added products associated with those vehicles sales. The TDA reportable segment represents retail sales of used vehicles from TDA and fees earned on sales of value-added products associated with those vehicles sales. The wholesale reportable segment represents sales of used vehicles through wholesale auctions. Click Here to get the full Stock Report for Vroom Inc stock.

You May Also Like

Get the InvestorsObserver App

InvestorsObserver App
iOS App Android App