Aramark (ARMK) Stock: What Does the Chart Say Monday?

Overall market sentiment has been high on Aramark (ARMK) stock lately. ARMK receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator.

Aramark has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on ARMK!

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What is Stock Sentiment?

Sentiment uses short term technical analysis to gauge 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 stock away from current trends. 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 ARMK Stock Today?

Aramark (ARMK) stock is lower by -0.99% while the S&P 500 is up 0.05% as of 2:40 PM on Monday, Nov 6. ARMK is down -$0.28 from the previous closing price of $28.35 on volume of 676,056 shares. Over the past year the S&P 500 has gained 14.55% while ARMK is up 9.91%. ARMK earned $2.08 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 13.55. To screen for more stocks like Aramark click here.

More About Aramark

Aramark provides food, facilities, and uniform services to a variety of clients and institutions. The majority of company revenue comes from its North American food and support services segment. Smaller but substantial segments include food and support services international and uniform and career apparel. The food and support services segments provide food for school districts; colleges; healthcare facilities; correctional institutions; and business, sports, and entertainment venues. The uniform segment rents, delivers, cleans, and maintains work clothes and ancillary items like towels and mats to customers in North America and Japan. The company has hundreds of service locations and distribution centers across the United States and Canada. Click Here to get the full Stock Report for Aramark stock.