Fresh Del Monte Produce Inc (FDP) stock has risen 19.63% over the past week and gets a Bullish 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.
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 FDP Stock Today?
Fresh Del Monte Produce Inc (FDP) stock is down -1.44% while the S&P 500 is up 0.14% as of 3:13 PM on Thursday, May 6. FDP has fallen -$0.50 from the previous closing price of $34.63 on volume of 155,997 shares. Over the past year the S&P 500 has risen 45.50% while FDP is up 38.40%. FDP earned $1.03 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 33.06.
To see InvestorsObserver's Sentiment Score for Fresh Del Monte Produce Inc click here.
More About Fresh Del Monte Produce Inc
Fresh Del Monte Produce Inc produces, markets, and distributes fresh fruit and vegetables internationally. Additionally, it prepares and distributes juices, beverages, and snacks. The products are shipped to retail stores, foodservice operators, wholesalers, and other distributors. The company owns a trucking company and uses asset-based carriers to deliver by land, and utilizes its fleet of ships mixed with chartered refrigerated vessels to deliver by sea. Fresh Del Monte Produce incorporates a worldwide salesforce to conduct selling and marketing, and has strategically constructed distribution centers around the world to deliver its products. It operates in three segments: Fresh and value-added products; Bananas: and Other products and services.
Click Here to get the full Stock Score Report on Fresh Del Monte Produce Inc (FDP) Stock.
