Planet 13 Holdings Inc is a player in the cannabis industry that is higher by 0.65% Thursday. The market has been high on Planet 13 Holdings Inc (PLNHF) stock recently. PLNHF gets a Bullish score from InvestorsObserver's Stock Sentiment Indicator.
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.
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 PLNHF Stock Today?
Planet 13 Holdings Inc (PLNHF) stock is trading at $7.00 as of 10:42 AM on Thursday, Jun 10, a gain of $0.05, or 0.65% from the previous closing price of $6.95. The stock has traded between $6.82 and $7.16 so far today. Volume today is below average. So far 148,033 shares have traded compared to average volume of 427,180 shares.
To see the top 5 stocks in the Drug Manufacturers - Specialty & Generic industry click here.
More About Planet 13 Holdings Inc
Planet 13 Holdings Inc operate as an integrated cannabis company based in Nevada, with cultivation, production and dispensary operations in Las Vegas. The company is focused on providing an unparalleled dispensary experience and optimizing cultivation efficiencies through its technology as the vanguard of cannabis.
Click Here to get the full Stock Score Report on Planet 13 Holdings Inc (PLNHF) Stock.
