Overall market sentiment has been high on Farmer Bros Co (FARM) stock lately. FARM receives a Bullish rating from InvestorsObserver's Stock Sentiment Indicator.
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.
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 FARM Stock Today?
Farmer Bros Co (FARM) stock has gained 11.13% while the S&P 500 is down -1.4% as of 2:25 PM on Thursday, Feb 25. FARM has risen $0.80 from the previous closing price of $7.14 on volume of 459,191 shares. Over the past year the S&P 500 is higher by 23.73% while FARM is down -38.78%. FARM lost -$4.26 per share in the over the last 12 months.
To see InvestorsObserver's Sentiment Score for Farmer Bros Co click here.
More About Farmer Bros Co
Farmer Bros Co is engaged in manufacturing, wholesaling, and distributing coffee, tea, and culinary products to food-service establishments and retailers in the United States. The company's customers include restaurants, hotels, offices, casinos, convenience stores, healthcare facilities, and other food-service providers. The company's product categories consist of roast and ground coffee, frozen liquid coffee, flavored and unflavored iced and hot teas, culinary products, spices, and other beverages including cappuccino, cocoa, granitas, and ready-to-drink iced coffee. The products are sold under the brands of Farmer Brothers, Artisan Collection by Farmer Brothers, Superior, Metropolitan, and China Mist.
Click Here to get the full Stock Score Report on Farmer Bros Co (FARM) Stock.
