How Will the Market React to Ekso Bionics Holdings Inc (EKSO) Stock Getting a Bullish Rating

Friday, December 29, 2023 03:47 PM | InvestorsObserver Analysts

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Ekso Bionics Holdings Inc (EKSO) stock has gained 52.50% over the past week and gets a Bullish rating from InvestorsObserver Sentiment Indicator.

Ekso Bionics Holdings Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on EKSO!
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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 indicator 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 EKSO Stock Today?

Ekso Bionics Holdings Inc (EKSO) stock has gained 29.79% while the S&P 500 is down -0.23% as of 3:33 PM on Friday, Dec 29. EKSO has risen $0.56 from the previous closing price of $1.88 on volume of 709,391 shares. Over the past year the S&P 500 has gained 26.15% while EKSO has risen 110.34%. EKSO lost -$1.12 per share in the over the last 12 months. To see InvestorsObserver's Sentiment Score for Ekso Bionics Holdings Inc click here.

More About Ekso Bionics Holdings Inc

Ekso Bionics Holdings Inc designs, develops and sells exoskeleton technology used in healthcare and industrial markets. The wearable exoskeletons are to be worn over clothes and controlled by a trained operator to augment human strength, endurance, and mobility. The company's segments are EksoHealth and EksoWorks. All of the company's operations are held in the United States. The EksoHealth segment which derives majority revenue designs, engineers, manufactures and sells exoskeletons for applications in the medical markets. Click Here to get the full Stock Report for Ekso Bionics Holdings Inc stock.

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