Overall market sentiment has been high on Acreage Holdings Inc (ACRHF) stock lately. ACRHF receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator.
Acreage Holdings Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on ACRHF!
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.
Changes in price are generally the best indicator of sentiment for a particular stock. At its core, a stock's trend indicates whether current market sentiment is bullish or bearish. Investors must be bullish if a stock is trending upward, and are bearish if a stock is moving down.
InvestorsObserver's Sentiment Indicator factors in both price changes and variations in volume. An increase in volume usually means a current trend is stengthening, while a drop in volume tends to signal a reversal to the ongoing trend.
Our system also uses the options market in order to receive additional signals on current sentiments. We take into account the ratio of calls and puts for a stock since options allow an investor to bet on future changes in price.
What's Happening With ACRHF Stock Today?
Acreage Holdings Inc (ACRHF) stock is up 29.23% while the S&P 500 has fallen -0.18% as of 11:05 AM on Monday, Mar 25. ACRHF has gained $0.10 from the previous closing price of $0.33 on volume of 296,005 shares. Over the past year the S&P 500 is up 31.36% while ACRHF has fallen -14.29%. ACRHF lost -$1.19 per share in the over the last 12 months.
To see InvestorsObserver's Sentiment Score for Acreage Holdings Inc click here.
More About Acreage Holdings Inc
Acreage Holdings Inc is a vertically integrated, multi-state operator in the cannabis industry. Its business operations include cultivating, processing, distributing, and retailing cannabis. The Company derives its revenues from its retail dispensary business, where cannabis and cannabis-infused products are sold to consumers. Its geographic segments include New England, Mid-Atlantic, Midwest, West, and South.
Click Here to get the full Stock Report for Acreage Holdings Inc stock.
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