Overall market sentiment has been high on Campbell Soup Company (CPB) stock lately. CPB receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator.
Campbell Soup Company has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on CPB!
In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company.
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 CPB Stock Today?
Campbell Soup Company (CPB) stock has risen 1.01% while the S&P 500 is lower by -0.3% as of 3:11 PM on Monday, Apr 1. CPB is higher by $0.45 from the previous closing price of $44.45 on volume of 1,759,865 shares. Over the past year the S&P 500 has gained 27.01% while CPB is lower by -18.59%. CPB earned $2.55 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 17.54.
To screen for more stocks like Campbell Soup Company click here.
More About Campbell Soup Company
At Campbell Soup Company were proud of our rich history as the makers of the foods and beverages you know and love. It inspires our purpose: Connecting people through food they love. Founded in 1869 today we are a focused brand powerhouse with two divisions: Meals & Beverages and Snacks. As a purpose-driven company we play an integral role in society from the food we make and the ways we make it to our longstanding commitment to the communities we call home and the environment.
Click Here to get the full Stock Report for Campbell Soup Company stock.
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