Is Acreage Holdings Inc (ACRHF) Stock About to Get Hot Monday?

The market has been high on Acreage Holdings Inc (ACRHF) stock recently. ACRHF gets a Bullish score from InvestorsObserver Stock Sentiment Indicator.

Acreage Holdings Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on ACRHF!

See Full ACRHF 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. 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 ACRHF Stock Today?

Acreage Holdings Inc (ACRHF) stock is unchanged 1.67% while the S&P 500 has risen 0.37% as of 12:27 PM on Monday, Oct 23. ACRHF is unchanged $0.00 from the previous closing price of $0.30 on volume of 138,595 shares. Over the past year the S&P 500 is higher by 11.66% while ACRHF has fallen -53.03%. ACRHF lost -$1.32 per share in the over the last 12 months. To see InvestorsObserver's Sentiment Score for Acreage Holdings Inc click here.

More About Acreage Holdings Inc

Acreage Holdings Inc is a vertically integrated, multi-state operator in the cannabis industry. Its business operations include cultivating, processing, distributing, and retailing cannabis. The Company derives its revenues from its retail dispensary business, where cannabis and cannabis-infused products are sold to consumers. Its geographic segments include New England, Mid-Atlantic, Midwest, West, and South. Click Here to get the full Stock Report for Acreage Holdings Inc stock.