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Do Traders Think TPI Composites Inc (TPIC) Can Turn Around Friday?

Friday, March 15, 2024 01:37 PM | InvestorsObserver Analysts

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Do Traders Think TPI Composites Inc (TPIC) Can Turn Around Friday?

The market has been down on TPI Composites Inc (TPIC) stock recently. TPIC gets a Bearish score from InvestorsObserver Stock Sentiment Indicator.

Sentiment Score - ,bearish
TPI Composites Inc has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on TPIC!

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 TPIC Stock Today?

TPI Composites Inc (TPIC) stock is unmoved 0.19% while the S&P 500 is lower by -0.71% as of 1:27 PM on Friday, Mar 15. TPIC is flat $0.00 from the previous closing price of $2.66 on volume of 1,245,413 shares. Over the past year the S&P 500 is higher by 31.40% while TPIC is lower by -78.33%. TPIC lost -$4.04 per share in the over the last 12 months. To screen for more stocks like TPI Composites Inc click here.

More About TPI Composites Inc

TPI Composites Inc is engaged in manufacturing composite wind blades. The company operates in wind energy and transportation industries where it manufactures structures for a bus, rail, theme parks, and trucks. Geographically the segments are divided into the U.S, Asia, Mexico, EMEA and India where the Mexico segment derives a majority of revenue. Click Here to get the full Stock Report for TPI Composites Inc stock.

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