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

Tuesday, June 28, 2022 01:08 PM | InvestorsObserver Analysts
What is the Market's View on WideOpenWest Inc (WOW) Stock's Price and Volume Trends Tuesday?

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

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

What is Stock Sentiment?

Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score. As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend. 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 WOW Stock Today?

WideOpenWest Inc (WOW) stock has risen 1.93% while the S&P 500 has fallen -1.25% as of 1:03 PM on Tuesday, Jun 28. WOW is higher by $0.34 from the previous closing price of $17.64 on volume of 1,571,483 shares. Over the past year the S&P 500 has fallen -10.24% while WOW has fallen -1.10%. WOW earned $9.23 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 1.96. To see InvestorsObserver's Sentiment Score for WideOpenWest Inc click here.

More About WideOpenWest Inc

WideOpenWest Inc is a cable operator and broadband service, provider. The company serves residential, business and wholesale customers in Illinois, Michigan, Indiana, Ohio, Kansas, Tennessee, Maryland, and South Carolina. Its service portfolio consists of high-speed internet, data, voice, cloud, and cable television services. The company operates in one business segment that is Broadband Services. The majority of the revenue is generated from the subscription service revenue received. Click Here to get the full Stock Report for WideOpenWest Inc stock.

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