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

TPI Composites Inc (TPIC) stock is lower by 17.61% over the past week and gets a Neutral rating from InvestorsObserver Sentiment Indicator.

TPI Composites Inc has a Neutral sentiment reading. Find out what this means for you and get the rest of the rankings on TPIC!

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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 TPIC Stock Today?

TPI Composites Inc (TPIC) stock is trading at $2.34 as of 1:03 PM on Tuesday, Nov 21, a decline of -$0.24, or -9.34% from the previous closing price of $2.58. The stock has traded between $2.32 and $2.62 so far today. Volume today is below average. So far 387,558 shares have traded compared to average volume of 2,056,294 shares. To see InvestorsObserver's Sentiment Score for 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.