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Is Campbell Soup Company (CPB) Stock About to Get Hot Monday?

Monday, March 18, 2024 03:16 PM | InvestorsObserver Analysts

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Is Campbell Soup Company (CPB) Stock About to Get Hot Monday?

Campbell Soup Company (CPB) stock is up 0.49% over the past week and gets a Bullish rating from InvestorsObserver Sentiment Indicator.

Sentiment Score - ,bullish
Campbell Soup Company has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on CPB!

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. 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 CPB Stock Today?

Campbell Soup Company (CPB) stock is trading at $43.22 as of 3:07 PM on Monday, Mar 18, an increase of $0.53, or 1.24% from the previous closing price of $42.69. The stock has traded between $42.55 and $43.70 so far today. Volume today is low. So far 2,126,002 shares have traded compared to average volume of 3,052,016 shares.

More About Campbell Soup Company

At Campbell Soup Company were proud of our rich history as the makers of the foods and beverages you know and love. It inspires our purpose: Connecting people through food they love. Founded in 1869 today we are a focused brand powerhouse with two divisions: Meals & Beverages and Snacks. As a purpose-driven company we play an integral role in society from the food we make and the ways we make it to our longstanding commitment to the communities we call home and the environment. Click Here to get the full Stock Report for Campbell Soup Company stock.

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