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 HIMS Stock Today?
Hims & Hers Health Inc (HIMS) stock is higher by 0.43% while the S&P 500 is down -0.04% as of 1:47 PM on Wednesday, Nov 8. HIMS has risen $0.03 from the previous closing price of $6.97 on volume of 3,500,979 shares. Over the past year the S&P 500 has risen 14.97% while HIMS has risen 51.52%. HIMS lost -$0.17 per share in the over the last 12 months.
To screen for more stocks like Hims & Hers Health Inc click here.
More About Hims & Hers Health Inc
Hims & Hers Health Inc is a multi-specialty telehealth platform that connects consumers to licensed healthcare professionals, enabling them to access high-quality medical care for numerous conditions related to mental health, sexual health, dermatology, primary care, and more.
Click Here to get the full Stock Report for Hims & Hers Health Inc stock.
Share this article:
Stay In The Know
Subscribe to our daily morning update newsletter and never miss out on the need-to-know market news, movements, and more.
Thank you for signing up! You're all set to receive the Morning Update newsletter
