How Will the Market React to Hims & Hers Health Inc (HIMS) Stock Getting a Bullish Rating

Hims & Hers Health Inc (HIMS) stock is up 10.01% over the past week and gets a Bullish rating from InvestorsObserver Sentiment Indicator.

Hims & Hers Health Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on HIMS!

See Full HIMS Report

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. 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 HIMS Stock Today?

Hims & Hers Health Inc (HIMS) stock is higher by 2.01% while the S&P 500 has fallen -0.21% as of 1:15 PM on Thursday, Nov 30. HIMS is higher by $0.18 from the previous closing price of $8.72 on volume of 2,284,924 shares. Over the past year the S&P 500 is up 14.74% while HIMS is higher by 51.62%. 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.