Helen of Troy Limited (HELE) stock has gained 4.83% 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.
Price action is generally the best indicator of sentiment. For a stock to go up, investors must feel good about it. Similarly, a stock that is in a downtrend must be out of favor.
InvestorsObserver’s Sentiment Indicator considers price action and recent trends in volume. Increasing volumes often mean that a trend is strengthening, while decreasing volumes can signal that a reversal could come soon.
The options market is another place to get signals about sentiment. Since options allow investors to place bets on the price of a stock, we consider the ratio of calls and puts for stocks where options are available.
What's Happening With HELE Stock Today?
Helen of Troy Limited (HELE) stock is trading at $221.48 as of 3:14 PM on Thursday, May 6, a rise of $4.83, or 2.23% from the previous closing price of $216.65. The stock has traded between $216.74 and $224.88 so far today. Volume today is less active than usual. So far 169,071 shares have traded compared to average volume of 242,144 shares.
To see InvestorsObserver's Sentiment Score for Helen of Troy Limited click here.
More About Helen of Troy Limited
Helen Of Troy is a consumer products company with business segments in housewares, health and home, and beauty. The housewares segment offers house and kitchen tools, household cleaning tools, food storage containers, storage items, and baby care products. The healthcare/home environment segment offers blood-pressure monitors, air purifiers, humidifiers, thermometers, fans, portable heaters, and water filtration units. The personal care segment's products consist of hair dryers, straighteners, curling irons, shavers, hair accessories and styling items, footbaths, and body massagers, among others. Products from all three segments are mainly sold through mass retailers and grocery stores, drugstores, warehouses, catalogs, and specialty stores in the United States.
Click Here to get the full Stock Score Report on Helen of Troy Limited (HELE) Stock.