How Will the Market React to Ascend Wellness Holdings Inc (AAWH) Stock Getting a Bullish Rating

Overall market sentiment has been high on Ascend Wellness Holdings Inc (AAWH) stock lately. AAWH receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator.

Ascend Wellness Holdings Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on AAWH!

See Full AAWH Report

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. Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive. InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend. Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .

What's Happening With AAWH Stock Today?

Ascend Wellness Holdings Inc (AAWH) stock is down -2.91% while the S&P 500 has risen 0.35% as of 1:07 PM on Tuesday, Nov 7. AAWH is lower by -$0.03 from the previous closing price of $1.03 on volume of 78,126 shares. Over the past year the S&P 500 is up 15.09% while AAWH is lower by -50.00%. AAWH lost -$0.26 per share in the over the last 12 months. To screen for more stocks like Ascend Wellness Holdings Inc click here.

More About Ascend Wellness Holdings Inc

Ascend Wellness Holdings Inc is a vertically integrated multi-state operator focused on adult-use or near-term adult-use cannabis states in limited license markets. The company's core business is the cultivation, manufacturing, and distribution of cannabis consumer packaged goods, which it sells through company-owned retail stores and to third-party licensed cannabis retail stores. Click Here to get the full Stock Report for Ascend Wellness Holdings Inc stock.