Overall market sentiment has been down on Farmmi Inc (FAMI) stock lately. FAMI receives a Bearish rating from InvestorsObserver Stock Sentiment Indicator.
Farmmi Inc has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on FAMI!
Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score.
As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend.
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 FAMI Stock Today?
Farmmi Inc (FAMI) stock is trading at $1.26 as of 9:58 AM on Friday, Oct 27, a rise of $0.02, or 1.61% from the previous closing price of $1.24. The stock has traded between $1.26 and $1.31 so far today. Volume today is below average. So far 3,112 shares have traded compared to average volume of 29,954 shares.
To screen for more stocks like Farmmi Inc click here.
More About Farmmi Inc
Farmmi Inc acts as a supplier of agricultural products. It mainly focuses on processing and selling various categories of agricultural products such as Shiitake mushrooms, Mu Er mushrooms, other edible fungi, and other agricultural products. It supplies mushroom products indirectly to foreign customers such as supermarkets through Chinese distributors and internationally including the USA, Japan, Canada, Europe, and the Middle East, through distributors. The company is also involved in the trading activities of purchasing other agricultural products produced by third-party manufacturers, and selling these products in the company's online stores Farmmi Jicai and Farmmi Liangpin Market. It generates a vast majority of the revenues from the Shiitake mushrooms segment within China.
Click Here to get the full Stock Report for Farmmi Inc stock.
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