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How Will the Market React to Vita Coco Company Inc (COCO) Stock Getting a Neutral Rating

Monday, November 13, 2023 12:03 PM | InvestorsObserver Analysts

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How Will the Market React to Vita Coco Company Inc (COCO) Stock Getting a Neutral Rating

The market has been neutral on Vita Coco Company Inc (COCO) stock recently. COCO gets a Neutral score from InvestorsObserver Stock Sentiment Indicator.

Sentiment Score - ,neutral
Vita Coco Company Inc has a Neutral sentiment reading. Find out what this means for you and get the rest of the rankings on COCO!

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 COCO Stock Today?

Vita Coco Company Inc (COCO) stock is lower by -0.38% while the S&P 500 is up 0.09% as of 11:45 AM on Monday, Nov 13. COCO is down -$0.11 from the previous closing price of $28.91 on volume of 177,927 shares. Over the past year the S&P 500 has gained 11.67% while COCO is up 166.67%. COCO earned $0.63 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 45.79. To see InvestorsObserver's Sentiment Score for Vita Coco Company Inc click here.

More About Vita Coco Company Inc

The Vita Coco Co Inc is a plant-based functional hydration platform. Click Here to get the full Stock Report for Vita Coco Company Inc stock.

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