Do Traders Think Petmed Express Inc (PETS) Can Keep Climbing Tuesday?

The market has been high on Petmed Express Inc (PETS) stock recently. PETS gets a Bullish score from InvestorsObserver Stock Sentiment Indicator.

Petmed Express Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on PETS!

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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. Price action is generally the best indicator of sentiment. For a stock to go up, investors must feel good about it. Similarly, a stock that is in a downtrend must be out of favor. InvestorsObserver’s Sentiment Indicator considers price action and recent trends in volume. Increasing volumes often mean that a trend is strengthening, while decreasing volumes can signal that a reversal could come soon. The options market is another place to get signals about sentiment. Since options allow investors to place bets on the price of a stock, we consider the ratio of calls and puts for stocks where options are available.

What's Happening With PETS Stock Today?

Petmed Express Inc (PETS) stock has fallen -2.61% while the S&P 500 has risen 0.63% as of 10:51 AM on Tuesday, Oct 26. PETS is down -$0.73 from the previous closing price of $27.98 on volume of 255,071 shares. Over the past year the S&P 500 is up 35.11% while PETS is down -6.77%. PETS earned $1.35 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 20.14. To screen for more stocks like Petmed Express Inc click here.

More About Petmed Express Inc

PetMed Express Inc along with its and subsidiaries is a leading nationwide pet pharmacy. The company markets prescription and non-prescription pet medications, health products, and supplies for dogs and cats, direct to the consumer. The company generates its revenue by selling pet medications and pet supplies primarily to retail consumers. Click Here to get the full Stock Report for Petmed Express Inc stock.