Overall market sentiment has been down on Alkaline Water Company Inc (WTER) stock lately. WTER receives a Bearish rating from InvestorsObserver Stock Sentiment Indicator.
Alkaline Water Company Inc has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on WTER!
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.
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 WTER Stock Today?
Alkaline Water Company Inc (WTER) stock is unmoved -0.44% while the S&P 500 is down -0.28% as of 3:38 PM on Thursday, Jan 20. WTER is unchanged $0.00 from the previous closing price of $1.13 on volume of 556,974 shares. Over the past year the S&P 500 is up 18.98% while WTER has risen 1.80%. WTER lost -$0.31 per share in the over the last 12 months.
To see InvestorsObserver's Sentiment Score for Alkaline Water Company Inc click here.
More About Alkaline Water Company Inc
Alkaline Water Co Inc is engaged in the business of distributing and marketing bottled alkaline water for retail consumers in different sizes. The firm sells its product in 500ml, 700ml, 1-liter, 1.5-liter 3-liter, and 1-gallon sizes. Its only operating geographical segment being the United States of America. The company sells its product to convenience stores, natural food products stores, large ethnic markets, and national retailers.
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