Azek Company Inc (AZEK) stock has risen 11.63% over the past week and gets a Bullish rating from InvestorsObserver Sentiment Indicator.
Azek Company Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on AZEK!
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 AZEK Stock Today?
Azek Company Inc (AZEK) stock is trading at $35.12 as of 12:17 PM on Friday, Dec 1, a gain of $0.63, or 1.83% from the previous closing price of $34.49. The stock has traded between $34.19 and $35.39 so far today. Volume today is low. So far 721,579 shares have traded compared to average volume of 1,545,308 shares.
To see InvestorsObserver's Sentiment Score for Azek Company Inc click here.
More About Azek Company Inc
The AZEK Co Inc is a designer and manufacturer of beautiful, low maintenance and environmentally sustainable products focused on the fast-growing Outdoor Living market. Its portfolio of products includes decks, rail, trim, wood and wood-look siding, porches, pavers, outdoor furniture, outdoor cabinetry, and outdoor lighting. The company operates in two segments namely Residential and Commercial. It generates maximum revenue from the Residential segment. The company's brand includes TimberTech; AZEK; Versatex and Ultralox.
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