Cardlytics Inc (CDLX) stock is lower by 10.70% over the past week and gets a Bearish rating from InvestorsObserver Sentiment Indicator.
Cardlytics Inc has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on CDLX!
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.
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 CDLX Stock Today?
Cardlytics Inc (CDLX) stock is trading at $28.62 as of 2:07 PM on Friday, May 20, a loss of -$0.88, or -2.98% from the previous closing price of $29.50. The stock has traded between $28.07 and $30.53 so far today. Volume today is below average. So far 269,695 shares have traded compared to average volume of 520,736 shares.
To see InvestorsObserver's Sentiment Score for Cardlytics Inc click here.
More About Cardlytics Inc
Cardlytics Inc operates an advertising platform within financial institutions digital channels, which include online, mobile, email and various real-time notifications. The company operates through three segments, Cardlytics Direct U.S. and U.K., and Bridg platform. The Cardlytics Direct segment which generates majority revenue operates a proprietary native bank advertising channel that enables marketers to reach consumers through their trusted and frequently visited online and mobile banking channels. The Bridg platform generates revenue through the sale of subscriptions to our cloud-based customer-data platform and the delivery of professional services like implementation, onboarding and technical support. Geographically the company receives maximum revenue from the United States.
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