Support.com, Inc. (SPRT) stock has risen 17.01% over the past week and gets a Bullish rating from InvestorsObserver's Sentiment Indicator.
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.
Recent trends are a good indator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive.
InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend.
Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .
What's Happening With SPRT Stock Today?
Support.com, Inc. (SPRT) stock is higher by 4.88% while the S&P 500 is down -0.27% as of 10:55 AM on Friday, Jul 31. SPRT has risen $0.08 from the previous closing price of $1.64 on volume of 48,464 shares. Over the past year the S&P 500 has risen 8.63% while SPRT has risen 10.97%. SPRT earned $0.15 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 11.85.
To see InvestorsObserver's Sentiment Score for Support.com, Inc. click here.
More About Support.com, Inc.
Support.com Inc is engaged in the provision of cloud-based software and services, which enables technology support for a connected world. The company offers turnkey, outsourced support services for service providers, retailers, internet of things solution providers, and technology companies. The firm's technology support services programs are designed for both the consumer and small and medium business markets and include computer and mobile device set-up, security and support, virus and malware removal, wireless network set-up, and home security and automation system support.
