Canada Goose Holdings Inc (GOOS) stock is higher by 1.30% over the past week and gets a Bullish rating from InvestorsObserver Sentiment Indicator.
Canada Goose Holdings Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on GOOS!
What is Stock Sentiment?
When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. This means that earnings updates and other news can greatly impact overall sentiment.
Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive.
InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend.
Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .
What's Happening With GOOS Stock Today?
Canada Goose Holdings Inc (GOOS) stock is trading at $17.10 as of 1:13 PM on Wednesday, Oct 5, a gain of $0.18, or 1.06% from the previous closing price of $16.92. The stock has traded between $16.46 and $17.29 so far today. Volume today is 1,207,612 compared to average volume of 1,333,699.
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More About Canada Goose Holdings Inc
Canada Goose Holdings Inc is a Canada based company that designs, manufactures, distributes, and retails premium outerwear for men, women, and children. It operates business through three segments namely, Wholesale and Direct to Consumer (DTC), Other. The DTC segment, which is the key revenue driver, comprises sales through country-specific e-commerce platforms and its company-owned retail stores located in the luxury shopping locations. The Wholesale segment comprises sales made to a mix of functional and fashionable retailers, including major luxury department stores, outdoor specialty stores, and individual shops, and to international distributors. Geographically, it has a presence in Canada, the United States, Asia, Europe, and the Rest of the World.
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