The market has been high on Groupon Inc Common Stock (GRPN) stock recently. GRPN gets a Bullish score from InvestorsObserver Stock Sentiment Indicator.
Groupon Inc Common Stock has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on GRPN!
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.
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 GRPN Stock Today?
Groupon Inc Common Stock (GRPN) stock is trading at $5.20 as of 1:09 PM on Wednesday, May 31, a loss of -$0.32, or -5.81% from the previous closing price of $5.52. The stock has traded between $4.99 and $5.58 so far today. Volume today is below average. So far 804,081 shares have traded compared to average volume of 1,383,960 shares.
To see InvestorsObserver's Sentiment Score for Groupon Inc Common Stock click here.
More About Groupon Inc Common Stock
Groupon acts as the middleman between consumers and merchants, offering a variety of products and services at discounts via its online store. It offers consumers daily deals (in the form of online vouchers) from local merchants. Groupon also sells products directly to consumers. It generates revenue from the take rate on the purchase and/or usage of the vouchers (40% of total revenue) and from direct sales (60% of total revenue). More than 65% of Groupon's revenue comes from North America.
Click Here to get the full Stock Report for Groupon Inc Common Stock stock.
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