Do Traders Think Rev Group Inc (REVG) Can Keep Climbing Wednesday?

Rev Group Inc (REVG) stock is higher by 7.92% over the past week and gets a Bullish rating from InvestorsObserver Sentiment Indicator.

Rev Group Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on REVG!

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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. 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 REVG Stock Today?

Rev Group Inc (REVG) stock is trading at $20.31 as of 1:14 PM on Wednesday, Mar 27, a gain of $0.64, or 3.25% from the previous closing price of $19.67. The stock has traded between $19.72 and $20.46 so far today. Volume today is below average. So far 366,913 shares have traded compared to average volume of 1,230,974 shares.

More About Rev Group Inc

REV Group Inc is a United States-based designer, manufacturer, and distributor of specialty vehicles and related aftermarket parts and services. It provides customized vehicle solutions for applications including essential needs, industrial and commercial, and consumer leisure. The operating segments of the company are Fire & Emergency, Commercial, and Recreation. The products of the company are sold to municipalities, government agencies, private contractors, consumers, and industrial and commercial end-users. It derives a majority of the revenue from the Fire and Emergency segment which includes manufacturing of fire apparatus and ambulance products. The company operates in the US & Canada, Europe/Africa, and the rest of the world. Click Here to get the full Stock Report for Rev Group Inc stock.