How Will the Market React to Franklin Electric Co Inc (FELE) Stock Getting a Bearish Rating

The market has been down on Franklin Electric Co Inc (FELE) stock recently. FELE gets a Bearish score from InvestorsObserver Stock Sentiment Indicator.

Franklin Electric Co Inc has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on FELE!

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What is Stock Sentiment?

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. 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 FELE Stock Today?

Franklin Electric Co Inc (FELE) stock is trading at $97.81 as of 3:10 PM on Wednesday, Feb 14, a gain of $2.22, or 2.32% from the previous closing price of $95.59. The stock has traded between $96.07 and $98.12 so far today. Volume today is light. So far 87,251 shares have traded compared to average volume of 174,387 shares. To screen for more stocks like Franklin Electric Co Inc click here.

More About Franklin Electric Co Inc

Franklin Electric Co Inc is a U.S.-based company that primarily operates through three segments: Water Systems, Fueling Systems, and Distribution. The Water Systems segment, which accounts for most of the company's sales, designs, manufactures, and markets water and fuel pumping systems. These solutions are directed mainly at the housing, agriculture, and other industrial sectors. The Fueling Systems segment produces fuel pumping systems, fuel containment systems, and monitoring and control systems for underground gasoline, diesel, and biofuel systems. The Distribution segment serves as a group of wholly owned groundwater distributors under the name Headwater Companies. The company generates roughly half of its revenue from the U.S. market. Click Here to get the full Stock Report for Franklin Electric Co Inc stock.