Kingsway Financial Services Inc (KFS) stock is up 8.04% in the past week and gets a bullish rating of Investors Observer Sentiment indicator.
What is stock market sentiment?
Sentiment uses short-term technical analysis to assess whether a stock is desired by investors. As a technical indicator, it focuses on recent trends as opposed to the long-term health of the underlying company. Updates for the company, such as a earnings release, can move the title away from current trends.
Sentiment is what investors, or the market, think about a stock. There are many ways to measure sentiment. Basically, the feeling is quite easy to understand. If a stock goes up, investors should be bullish, while if it goes down, sentiment is bearish.
Investors ObserverThe s sentiment indicator examines price trends over the past week and also takes into account changes in volume. An increase in volume may mean that a trend is strengthening, while a decrease in volume may mean that a trend is approaching its conclusion.
For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will go down.
What is happening with KFS Stock today?
Kingsway Financial Services Inc (KFS) stock is up 0.69% while the S&P 500 is down -0.86% at 2:44 p.m. on Wednesday, June 16. KFS is $ 0.04 higher from the previous closing price of $ 5.20 on volume of 57,675 shares. Over the past year, the S&P 500 is up 37.29% while the KFS is up 144.86%. KFS has lost – $ 0.35 per share over the past 12 months.
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Learn more about Kingsway Financial Services Inc
Kingsway Financial Services Inc, through subsidiaries, operates in the extended warranty, asset management and real estate industries in the United States. It operates through two segments: extended warranty and leased real estate. The Extended Warranty segment provides aftermarket vehicle protection services distributed by credit unions. Its Leased Real Estate segment rents real estate to a third party under a long-term triple net lease. The company generates maximum revenue from the extended warranty segment in the form of service fees and commissions.
Click here for the full stock valuation report of Kingsway Financial Services Inc (KFS).