Ollie's Bargain Outlet Holdings Inc (OLLI) stock is lower by 12.16% over the past week and gets a Bullish rating from InvestorsObserver's Sentiment Indicator.
What is Stock Sentiment?
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.
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 OLLI Stock Today?
Ollie's Bargain Outlet Holdings Inc (OLLI) stock is lower by -10.2% while the S&P 500 is up 0.65% as of 1:56 PM on Friday, Dec 4. OLLI is down -$9.13 from the previous closing price of $89.50 on volume of 6,811,106 shares. Over the past year the S&P 500 has risen 18.56% while OLLI is up 32.71%. OLLI earned $3.20 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 25.07.
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More About Ollie's Bargain Outlet Holdings Inc
Ollie's Bargain Outlet Holdings Inc is a retailer of brand name merchandise at drastically reduced prices. It offers customers a selection of brand name products, including housewares, food, books and stationery, bed and bath, floor coverings, toys, and hardware. It operates stores across the Eastern half of the United States. Its differentiated go-to-market strategy is characterized by a unique, fun and engaging treasure hunt shopping experience, compelling customer value proposition and witty, humorous in-store signage and advertising campaigns. These attributes have driven rapid growth and strong and consistent store performance for the company.
Click Here to get the full Stock Score Report on Ollie's Bargain Outlet Holdings Inc (OLLI) Stock.
