The market has been high on Better Choice Company Inc (BTTR) stock recently. BTTR gets a Bullish score from InvestorsObserver's Stock Sentiment Indicator.
What is Stock Sentiment?
Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score.
As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend.
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 BTTR Stock Today?
Better Choice Company Inc (BTTR) stock is trading at $1.29 as of 10:48 AM on Thursday, May 6, a loss of -$0.04, or -3.01% from the previous closing price of $1.33. The stock has traded between $1.29 and $1.35 so far today. Volume today is low. So far 36,876 shares have traded compared to average volume of 125,989 shares.
To see InvestorsObserver's Sentiment Score for Better Choice Company Inc click here.
More About Better Choice Company Inc
Better Choice Co Inc is a pet health and wellness portfolio company, offering consumers a wide variety of recognized premium pet products and hemp-derived CBD supplements. Its portfolio includes kibble and canned dog and cat food, freeze-dried raw dog food and treats, vegan dog food and treats, oral care products, supplements and grooming aids. Its core products sold under the Halo brand are sustainably sourced, derived from real whole meat and no rendered meat meal and include non-GMO fruits and vegetables. Its core products sold under the TruDog brand are made according to nutritional philosophy of fresh, meat-based nutrition and minimal processing.
Click Here to get the full Stock Score Report on Better Choice Company Inc (BTTR) Stock.
