The market has been high on Apex Global Brands Inc (APEX) stock recently. APEX gets a Bullish score from InvestorsObserver's Stock Sentiment Indicator.
What is Stock Sentiment?
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.
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 APEX Stock Today?
Apex Global Brands Inc (APEX) stock is trading at $5.55 as of 3:01 PM on Tuesday, Sep 29, a gain of $0.45, or 8.82% from the previous closing price of $5.10. The stock has traded between $5.18 and $5.70 so far today. Volume today is low. So far 69,522 shares have traded compared to average volume of 106,124 shares.
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More About Apex Global Brands Inc
Apex Global Brands Inc is a brand marketing platform that manages a growing portfolio of fashion and lifestyle brands across multiple consumer product categories and sectors. The company currently maintains license and franchise agreements with retailers and manufacturers. The brand portfolio spans multiple consumer product categories and retail tiers including Hi-Tec, Magnum, 50 Peaks, Interceptor, Cherokee, Tony Hawk, Liz Lange, Point Cove, Carole Little, Everyday California and Sideout.
Click Here to get the full Stock Score Report on Apex Global Brands Inc (APEX) Stock.
