Overall market sentiment has been down on Monster Beverage Corp (MNST) stock lately. MNST receives a Bearish rating from InvestorsObserver Stock Sentiment Indicator.
Monster Beverage Corp has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on MNST!
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.
Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish.
InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion.
For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.
What's Happening With MNST Stock Today?
Monster Beverage Corp (MNST) stock is down -0.2% while the S&P 500 is up 0.7% as of 1:58 PM on Friday, Oct 15. MNST is down -$0.17 from the previous closing price of $85.60 on volume of 1,858,171 shares. Over the past year the S&P 500 is higher by 28.11% while MNST is up 3.18%. MNST earned $2.88 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 29.68.
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More About Monster Beverage Corp
Monster Beverage is a leader in the energy drink subsegment of the beverage industry. The Monster trademark anchors its portfolio, and notable offerings include Monster Energy and Monster Ultra. The firm has also started to incubate new trademarks for emerging enclaves of the energy space, like Reign in performance energy. It is primarily a brand owner, outsourcing most of its manufacturing processes to third-party copackers. It primarily uses the Coca-Cola bottling system for distribution after a strategic agreement in which Coke became Monster's largest shareholder (roughly 19%) and that also included the exchange of certain businesses between the two firms. Most of Monster's revenue is generated in the United States, though international geographies are increasing in the mix.
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