The market has been down on Brundage-Bone Concrete Pmpg Hldg Inc (BBCP) stock recently. BBCP gets a Bearish score from InvestorsObserver's Stock Sentiment Indicator.
What is Stock Sentiment?
Sentiment uses short term technical analysis to gauge whether a stock is desired by investors. As a technical indicator, it focuses on recent trends as opposed to the long term health of the underlying company. Updates for the company such as a earnings release can move the stock away from current trends.
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 BBCP Stock Today?
Brundage-Bone Concrete Pmpg Hldg Inc (BBCP) stock is trading at $3.77 as of 3:13 PM on Monday, Sep 28, an increase of $0.36, or 10.56% from the previous closing price of $3.41. The stock has traded between $3.50 and $3.88 so far today. Volume today is more active than usual. So far 108,961 shares have traded compared to average volume of 62,032 shares.
To see InvestorsObserver's Sentiment Score for Brundage-Bone Concrete Pmpg Hldg Inc click here.
More About Brundage-Bone Concrete Pmpg Hldg Inc
Concrete Pumping Holdings Inc is a provider of concrete pumping services and concrete waste management services in the fragmented United States and United Kingdom markets. Its large fleet of specialized pumping equipment and trained operators position it to deliver concrete placement solutions. The company's operating segment includes U.S. Concrete Pumping; U.K. Operations; U.S. Concrete Waste Management Services and Corporate. It generates maximum revenue from the U.S. Concrete Pumping segment.
Click Here to get the full Stock Score Report on Brundage-Bone Concrete Pmpg Hldg Inc (BBCP) Stock.
