The market has been high on Companhia Brasileira de Distribuicao SA (CBD) stock recently. CBD gets a Bullish score from InvestorsObserver Stock Sentiment Indicator.
Companhia Brasileira de Distribuicao SA has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on CBD!
Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score.
As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend.
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 CBD Stock Today?
Companhia Brasileira de Distribuicao SA (CBD) stock has fallen -3.86% while the S&P 500 has gained 0.57% as of 3:24 PM on Monday, Mar 20. CBD has fallen -$0.11 from the previous closing price of $2.72 on volume of 1,586,410 shares. Over the past year the S&P 500 is lower by -11.70% while CBD has fallen -43.66%. CBD lost -$0.72 per share in the over the last 12 months.
More About Companhia Brasileira de Distribuicao SA
Companhia Brasileira De Distribuicao, or GPA, is part of Casino Group, a Brazilian retail and distribution group. The company has a multichannel, multiformat, and multiregional approach. It operates in Latin America. GPA operates various store concepts under different names: MultiVarejo (Pao de Acucar, Extra and Proximity units), Assai Atacadista, Via Varejo, GPA Malls, and Cnova. The firm's specialties include supermarkets, hypermarkets, electronics and household appliances, convenience stores, its cash-and-carry segment, and e-commerce operations.
Click Here to get the full Stock Report for Companhia Brasileira de Distribuicao SA stock.
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