Eargo Inc (EAR) stock is higher by 9.15% over the past week and gets a Bullish rating from InvestorsObserver Sentiment Indicator.
Eargo Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on EAR!
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 EAR Stock Today?
Eargo Inc (EAR) stock has fallen -4.02% while the S&P 500 is higher by 0.1% as of 10:06 AM on Wednesday, Dec 8. EAR has fallen -$0.22 from the previous closing price of $5.47 on volume of 286,321 shares. Over the past year the S&P 500 is higher by 27.07% while EAR has fallen -89.05%. EAR lost -$1.16 per share in the over the last 12 months.
More About Eargo Inc
Eargo Inc is a medical device company, focused on improving the quality of life of people with hearing loss. The company offers hearing aids, professional support services, and other insurance-related services. The product portfolio includes Eargo Neo HiFi, Eargo Neo, Eargo Max, and related accessories.
Click Here to get the full Stock Report for Eargo Inc stock.