Overall market sentiment has been high on Bausch Health Companies Inc (BHC) stock lately. BHC receives a Bullish rating from InvestorsObserver's Stock 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.
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.
InvestorsObserver’s 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.
What's Happening With BHC Stock Today?
Bausch Health Companies Inc (BHC) stock is trading at $16.86 as of 2:26 PM on Wednesday, Sep 16, a rise of $0.60, or 3.69% from the previous closing price of $16.26. The stock has traded between $16.35 and $17.17 so far today. Volume today is above average. So far 6,883,352 shares have traded compared to average volume of 4,864,131 shares.
To see the top 5 stocks in the Drug Manufacturers - Specialty & Generic industry click here.
More About Bausch Health Companies Inc
Bausch Health Companies Inc is a company whose mission is to improve people's lives with its health care products. The company develops, manufactures and markets a range of pharmaceutical, medical device and over-the-counter products, in the therapeutic areas of eye health, gastroenterology and dermatology. It is delivering on its commitments as it builds an company dedicated to advancing global health.
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