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Is Armstrong Flooring Inc (AFI) a Stock to Watch This Week?

Tuesday, September 01, 2020 11:05 AM | InvestorsObserver Analysts

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Is Armstrong Flooring Inc (AFI) a Stock to Watch This Week?

Overall market sentiment has been down on Armstrong Flooring Inc (AFI) stock lately. AFI receives a Bearish rating from InvestorsObserver's Stock Sentiment Indicator.

Sentiment Score - ,bearish
Armstrong Flooring Inc has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on AFI!

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 AFI Stock Today?

Armstrong Flooring Inc (AFI) stock has gained 4.91% while the S&P 500 has fallen -0.04% as of 10:45 AM on Tuesday, Sep 1. AFI is higher by $0.19 from the previous closing price of $3.87 on volume of 139,159 shares. Over the past year the S&P 500 has gained 20.65% while AFI has fallen -37.05%. AFI lost -$3.47 per share in the over the last 12 months.

To screen for more stocks like Armstrong Flooring Inc click here.

More About Armstrong Flooring Inc

Armstrong Flooring Inc designs, manufactures, sources, and sells resilient and wood flooring products, which are primarily used for construction and renovation of residential, commercial, and institutional buildings. It operates through two segments namely Resilient Flooring and Wood Flooring. The Resilient Flooring provides a range of floor coverings primarily for homes and commercial buildings under the Armstrong brand and the Wood Flooring segment provides hardwood flooring products under the Armstrong and Bruce brand names. Geographically, the group operates its business in the United States and also has its presence internationally, of which a majority of the revenue is derived from the United States.

Click Here to get the full Stock Score Report on Armstrong Flooring Inc (AFI) Stock.

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