Overall market sentiment has been down on Church & Dwight Co., Inc. (CHD) stock lately. CHD receives a Bearish rating from InvestorsObserver Stock Sentiment Indicator.
Church & Dwight Co., Inc. has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on CHD!
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 CHD Stock Today?
Church & Dwight Co., Inc. (CHD) stock is trading at $72.67 as of 1:11 PM on Thursday, Sep 29, a decline of -$1.34, or -1.81% from the previous closing price of $74.01. The stock has traded between $72.67 and $74.08 so far today. Volume today is low. So far 360,179 shares have traded compared to average volume of 1,557,125 shares.
More About Church & Dwight Co., Inc.
Church & Dwight is the leading producer of baking soda in the world. Beyond baking soda, the products in its portfolio have vast category reach, including laundry products, cat litter, oral care, deodorant, and nasal care, all sold under the Arm & Hammer brand. Its mix also includes Xtra, Trojan, OxiClean, First Response, Nair, L'il Critters/Vitafusion, Orajel, and WaterPik, which together with Arm & Hammer constitute more than 80% of its annual sales and profits. In early 2019, the firm announced the addition of Flawless, which manufactures electric shaving products for women. At the end of 2020, the firm acquired Zicam, a leading brand in the cough/cold-shortening category.
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