Overall market sentiment has been neutral on Clorox Co (CLX) stock lately. CLX receives a Neutral rating from InvestorsObserver Stock Sentiment Indicator.
Clorox Co has a Neutral sentiment reading. Find out what this means for you and get the rest of the rankings on CLX!
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 CLX Stock Today?
Clorox Co (CLX) stock is down -0.88% while the S&P 500 is higher by 0.49% as of 3:40 PM on Friday, Dec 8. CLX is lower by -$1.27 from the previous closing price of $143.68 on volume of 713,078 shares. Over the past year the S&P 500 is higher by 17.14% while CLX is lower by -4.63%. CLX earned $0.66 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 214.63.
More About Clorox Co
With a history dating back more than 100 years, Clorox now plays in a variety of categories across the consumer products space, including cleaning supplies, laundry care, trash bags, cat litter, charcoal, food dressings, water-filtration products, and natural personal-care products. Beyond its namesake brand, the firm's portfolio includes Liquid-Plumr, Pine-Sol, S.O.S, Tilex, Kingsford, Fresh Step, Glad, Hidden Valley, KC Masterpiece, Brita, and Burt's Bees. Just shy of 85% of Clorox's sales stem from its home turf.
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