The market has been down on Earth Science Tech Inc (ETST) stock recently. ETST gets a Bearish score from InvestorsObserver Stock Sentiment Indicator.
Earth Science Tech Inc has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on ETST!
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.
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 ETST Stock Today?
Earth Science Tech Inc (ETST) stock is unchanged 11.18% while the S&P 500 has fallen -0.06% as of 1:58 PM on Friday, Sep 24. ETST is unmoved $0.00 from the previous closing price of $0.02 on volume of 160,948 shares. Over the past year the S&P 500 has risen 37.36% while ETST is unmoved 0.00%. ETST lost -$0.11 per share in the over the last 12 months.
More About Earth Science Tech Inc
Earth Science Tech Inc is a biotechnology company. The company is engaged in research and development for hemp cannabinoid (CBD), nutraceutical, pharmaceutical, medical device. Its products include CBD Hemp Oil, CBD Capsules, CBD Pets, and CBD Chocolates. The company products help in Health and Wellness benefits including a digestive aid that regulates appetite and eases symptoms of nausea and vomiting, analgesic pain relief, relief from anxiety, anti-tumour and anti-cancer benefits, and antipsychotic. It generates revenue from the sale of oils powders and gelcaps.
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