The market has been high on Harvest Health & Recreation Inc (HRVSF) stock recently. HRVSF gets a Bullish score from InvestorsObserver's Stock Sentiment Indicator.
What is Stock Sentiment?
When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. This means that earnings updates and other news can greatly impact overall sentiment.
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 HRVSF Stock Today?
Harvest Health & Recreation Inc (HRVSF) stock is trading at $4.16 as of 1:16 PM on Wednesday, Jun 9, a loss of -$0.04, or -1.07% from the previous closing price of $4.20. Volume today is elevated. So far 1,227,794 shares have traded compared to average volume of 768,870 shares. The stock has traded between $4.07 and $4.25 so far today.
To see the top 5 stocks in the Drug Manufacturers - Specialty & Generic industry click here.
More About Harvest Health & Recreation Inc
Harvest Health & Recreation Inc is a vertically integrated cannabis company. Its segment includes the production and sale of cannabis with three business areas including cultivation, processing, and retail dispensaries. Cultivation harvest grows cannabis in outdoor, indoor, and greenhouse facilities. Processing harvest converts cannabis biomass into formulated oil using a variety of proprietary extraction techniques. Retail dispensaries harvest operates and provides services to retail dispensaries that sell proprietary and third-party cannabis products to patients and customers.
Click Here to get the full Stock Score Report on Harvest Health & Recreation Inc (HRVSF) Stock.
