How Does Wall Street Gauge GW Pharmaceuticals PLC- ADR (GWPH) Stock's Recent Behavior?

Wednesday, April 15, 2020 1:20 PM | InvestorsObserver Analysts

The market has been high on GW Pharmaceuticals PLC- ADR (GWPH) stock recently. GWPH gets a Bullish score from InvestorsObserver's Stock Sentiment Indicator.

Sentiment Score - ,bullish
GW Pharmaceuticals PLC- ADR has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on GWPH!

What is Stock Sentiment?

Sentiment uses short term technical analysis to gauge whether a stock is desired by investors. As a technical indicator, it focuses on recent trends as opposed to the long term health of the underlying company. Updates for the company such as a earnings release can move the stock away from current trends.

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 GWPH Stock Today?

GW Pharmaceuticals PLC- ADR (GWPH) stock is down -1.84% while the S&P 500 has risen 3.06% as of 1:18 PM on Wednesday, Apr 15. GWPH has fallen -$1.82 from the previous closing price of $98.82 on volume of 188,722 shares. Over the past year the S&P 500 has fallen -2.05% while GWPH has fallen -40.99%. GWPH lost -$0.29 per share in the over the last 12 months.

To see the top 5 stocks in the Drug Manufacturers - General industry click here.

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