Freshpet Inc (FRPT) stock is down 3.82% over the past week and gets a Bearish rating from InvestorsObserver's Sentiment Indicator.
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 FRPT Stock Today?
Freshpet Inc (FRPT) stock is trading at $162.25 as of 1:55 PM on Monday, Jun 21, an increase of $1.84, or 1.15% from the previous closing price of $160.41. The stock has traded between $160.21 and $163.84 so far today. Volume today is less active than usual. So far 156,454 shares have traded compared to average volume of 302,081 shares.
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More About Freshpet Inc
Freshpet Inc makes and distributes natural pet foods across North America. The company's products include Nature's Fresh, Deli Fresh, Vital, and Freshpet among others.
Click Here to get the full Stock Score Report on Freshpet Inc (FRPT) Stock.
