Fire & Flower Holdings Corp (FFLWF) stock is down 1.14% over the past week and gets a Bullish rating from InvestorsObserver's Sentiment Indicator.
What is Stock Sentiment?
In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company.
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 FFLWF Stock Today?
Fire & Flower Holdings Corp (FFLWF) stock is trading at $0.87 as of 12:54 PM on Thursday, Jun 24, a loss of -$0.01, or -1.05% from the previous closing price of $0.88. Volume today is 226,249 compared to average volume of 185,084. The stock has traded between $0.87 and $0.88 so far today.
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More About Fire & Flower Holdings Corp
Fire & Flower Holdings Corp through its wholly-owned subsidiary is an independent retail chain that offers cannabis products and accessories such as Cannabis, Cannabis Oil, Accessories, and Apparel to the adult-use market. It also operates as a digital retail and analytics platform supporting E-commerce retail activities. The company's segments include Retail, Wholesale, and digital development, out of which the majority of the revenue is generated from the retail segment.
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