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Puma Biotechnology Inc (PBYI) stock has gained 12.02% over the past week and gets a Bullish rating from InvestorsObserver's Sentiment Indicator.

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.

Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish.

InvestorsObservers Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a 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 fall.

Puma Biotechnology Inc (PBYI) stock is trading at $13.70 as of 2:45 PM on Tuesday, Feb 9, a rise of $0.77, or 5.96% from the previous closing price of $12.93. The stock has traded between $12.97 and $13.99 so far today. Volume today is 434,254 compared to average volume of 410,577.

To see InvestorsObserver's Sentiment Score for Puma Biotechnology Inc click here.

Puma Biotechnology is a biotechnology company focused on developing novel therapeutics for the treatment of cancer. Puma licenses the commercial rights to its current drug candidates. The company expects to augment its product pipeline by acquiring, through license or otherwise, additional drug candidates for research and development and potential commercialization. In evaluating potential drug candidates, Puma employs disciplined decision criteria favoring drug candidates that have undergone at least some clinical study.

Click Here to get the full Stock Score Report on Puma Biotechnology Inc (PBYI) Stock.

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Is it Time to Dump Puma Biotechnology Inc (PBYI) Stock After it Is Higher By 12.02% in a Week? - InvestorsObserver

This entry was posted on February 14, 2021 at 7:18 pm and is filed under Biotechnology. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed. |