Goosehead Insurance Inc (GSHD) Stock: What Does the Chart Say Monday?

Overall market sentiment has been down on Goosehead Insurance Inc (GSHD) stock lately. GSHD receives a Bearish rating from InvestorsObserver Stock Sentiment Indicator.

Goosehead Insurance Inc has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on GSHD!

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What is Stock Sentiment?

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. 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 GSHD Stock Today?

Goosehead Insurance Inc (GSHD) stock is lower by -1.07% while the S&P 500 is up 0.81% as of 12:04 PM on Monday, Oct 30. GSHD is down -$0.70 from the previous closing price of $65.50 on volume of 29,228 shares. Over the past year the S&P 500 is higher by 7.20% while GSHD is up 56.11%. GSHD earned $0.45 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 144.74. To see InvestorsObserver's Sentiment Score for Goosehead Insurance Inc click here.

More About Goosehead Insurance Inc

Goosehead Insurance Inc operates as an insurance agency. Its insurance products consist of homeowner's insurance; auto insurance; other personal lines products including flood, wind and earthquake insurance; excess liability or umbrella insurance; specialty lines insurance (motorcycle, recreational vehicle and other insurance); commercial lines insurance (general liability, property, and auto insurance for small businesses); and life insurance. Its operating segments are the Corporate Channel and Franchise Channel. The majority of the company's revenue gets contributed by the Corporate Channel segment. It operates in Texas, California, Illinois, Florida, and other regions. Click Here to get the full Stock Report for Goosehead Insurance Inc stock.