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Is Farmer Bros Co (FARM) Stock About to Get Hot Tuesday?

Tuesday, November 21, 2023 10:42 AM | InvestorsObserver Analysts

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Is Farmer Bros Co (FARM) Stock About to Get Hot Tuesday?

Farmer Bros Co (FARM) stock has gained 2.78% over the past week and gets a Bearish rating from InvestorsObserver Sentiment Indicator.

Sentiment Score - ,bearish
Farmer Bros Co has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on FARM!

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. 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 FARM Stock Today?

Farmer Bros Co (FARM) stock is up 3.6% while the S&P 500 is lower by -0.44% as of 10:24 AM on Tuesday, Nov 21. FARM is up $0.09 from the previous closing price of $2.50 on volume of 9,943 shares. Over the past year the S&P 500 has gained 14.61% while FARM is lower by -52.99%. FARM lost -$3.71 per share in the over the last 12 months.

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, flavoured 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 Report for Farmer Bros Co stock.

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