Acushnet Holdings Corp (GOLF) stock is higher by 1.39% over the past week and gets a Bullish rating from InvestorsObserver's Sentiment Indicator.
What is Stock Sentiment?
When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. This means that earnings updates and other news can greatly impact overall sentiment.
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 GOLF Stock Today?
Acushnet Holdings Corp (GOLF) stock is trading at $52.48 as of 12:01 PM on Monday, May 17, a loss of -$0.24, or -0.46% from the previous closing price of $52.72. Volume today is above average. So far 780,197 shares have traded compared to average volume of 280,131 shares. The stock has traded between $51.85 and $52.89 so far today.
To see InvestorsObserver's Sentiment Score for Acushnet Holdings Corp click here.
More About Acushnet Holdings Corp
Acushnet Holdings Corp is a US-based company engaged in the design, development, manufacture, and distribution of golf products. Its product category includes golf balls, golf shoes, golf clubs, wedges, putters, golf gloves, golf gear and golf wear, of which key revenue is derived from the sales of golf balls and golf gloves. The operating segments of the company are Titleist golf balls, Titleist golf clubs, Titleist golf gear and FootJoy golf wear. The company operates in the United States, EMEA, Japan, Korea and other countries, of which a majority of the revenue is generated from the operations in the United States.
Click Here to get the full Stock Score Report on Acushnet Holdings Corp (GOLF) Stock.
