Is Constellation Brands, Inc. Class A (STZ) a Stock to Watch After Losing -2.74% This Week?

The market has been down on Constellation Brands, Inc. Class A (STZ) stock recently. STZ gets a Bearish score from InvestorsObserver Stock Sentiment Indicator.

Constellation Brands, Inc. Class A has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on STZ!

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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. Changes in price are generally the best indicator of sentiment for a particular stock. At its core, a stock's trend indicates whether current market sentiment is bullish or bearish. Investors must be bullish if a stock is trending upward, and are bearish if a stock is moving down. InvestorsObserver's Sentiment Indicator factors in both price changes and variations in volume. An increase in volume usually means a current trend is stengthening, while a drop in volume tends to signal a reversal to the ongoing trend. Our system also uses the options market in order to receive additional signals on current sentiments. We take into account the ratio of calls and puts for a stock since options allow an investor to bet on future changes in price.

What's Happening With STZ Stock Today?

Constellation Brands, Inc. Class A (STZ) stock is trading at $212.51 as of 1:26 PM on Wednesday, Sep 22, a rise of $3.22, or 1.54% from the previous closing price of $209.29. The stock has traded between $208.80 and $212.56 so far today. Volume today is light. So far 610,256 shares have traded compared to average volume of 1,222,251 shares. To screen for more stocks like Constellation Brands, Inc. Class A click here.

More About Constellation Brands, Inc. Class A

Constellation Brands is the largest multi-category alcohol supplier in the U.S. The business is anchored by a portfolio of Mexican beer trademarks, including Corona and Modelo, for which it acquired exclusive and perpetual U.S. ownership from AB InBev. The latter had to divest these rights due to antitrust mandates as it consummated its 2013 acquisition of dominant Mexican brewer, Grupo Modelo. Constellation's wine/spirits business is in transition, and it has divested several lower-margin assets, including myriad wine brands and its Ballast Point craft beer brand. The firm imports most products after manufacturing them abroad, going to market through independent wholesalers. It owns 38% of Canopy Growth, a leading provider of medicinal and recreational cannabis products. Click Here to get the full Stock Report for Constellation Brands, Inc. Class A stock.