BK Technologies Corp (BKTI) Stock: What Does the Chart Say Friday? – InvestorsObserver
Overall market sentiment has been high on BK Technologies Corp (BKTI) stock lately. BKTI receives a Bullish rating from InvestorsObserver Stock 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. 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 BKTI Stock Today?
BK Technologies Corp (BKTI) stock has fallen -3.94% while the S&P 500 has risen 0.19% as of 10:13 AM on Friday, Dec 23. BKTI is lower by -$0.12 from the previous closing price of $2.92 on volume of 49,430 shares. Over the past year the S&P 500 is lower by -18.46% while BKTI has risen 26.01%. BKTI lost -$0.65 per share in the over the last 12 months.
More About BK Technologies Corp
BK Technologies Corp designs, manufactures, markets wireless communication products. The company has divided its products into business and industrial analog, portables, mobiles, base stations, and repeaters. Its product portfolio consists of two-way land mobile radios, handheld radios, radios installed in vehicles. Its products are sold in the government and public safety market and business and industrial market. Click Here to get the full Stock Report for BK Technologies Corp stock.
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