The market has been high on Hayward Holdings Inc (HAYW) stock recently. HAYW gets a Bullish score from InvestorsObserver Stock Sentiment Indicator.
Hayward Holdings Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on HAYW!
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.
Changes in price are generally the best indicator of sentiment for a particular stock. At its core, a stock's trend indicates whether current market sentiment is bullish or bearish. Investors must be bullish if a stock is trending upward, and are bearish if a stock is moving down.
InvestorsObserver's Sentiment Indicator factors in both price changes and variations in volume. An increase in volume usually means a current trend is stengthening, while a drop in volume tends to signal a reversal to the ongoing trend.
Our system also uses the options market in order to receive additional signals on current sentiments. We take into account the ratio of calls and puts for a stock since options allow an investor to bet on future changes in price.
What's Happening With HAYW Stock Today?
Hayward Holdings Inc (HAYW) stock has fallen -2.04% while the S&P 500 is up 0.12% as of 10:06 AM on Friday, Aug 4. HAYW is lower by -$0.30 from the previous closing price of $14.69 on volume of 2,584,143 shares. Over the past year the S&P 500 is higher by 8.47% while HAYW is up 22.89%. HAYW earned $0.50 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 28.51.
To see InvestorsObserver's Sentiment Score for Hayward Holdings Inc click here.
More About Hayward Holdings Inc
Hayward Holdings Inc is a global designer, manufacturer and marketer of a broad portfolio of pool equipment and associated automation systems. The products are offered under various brands namely AquaVac, AquaRite, ColorLogic, Navigator, OmniLogic, OmniHub, TriStar, Super Pump, TurboCell, pHin and others.
Click Here to get the full Stock Report for Hayward Holdings Inc stock.