Overall market sentiment has been high on General Cannabis Corp (CANN) stock lately. CANN receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator.
General Cannabis Corp has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on CANN!
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.
Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish.
InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion.
For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.
What's Happening With CANN Stock Today?
General Cannabis Corp (CANN) stock is higher by 2.63% while the S&P 500 is lower by -1.42% as of 9:30 AM on Thursday, Feb 3. CANN is higher by $0.01 from the previous closing price of $0.38 on volume of 11,042 shares. Over the past year the S&P 500 has gained 18.24% while CANN is lower by -56.18%. CANN lost -$0.14 per share in the over the last 12 months.
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More About General Cannabis Corp
General Cannabis Corp provides services and products to the cannabis industry. The segments of the company are Operations Consulting and Products, and Capital Investments and Real Estate. It generates maximum revenue from Operations Consulting and Products segment. The Operations segment provides consulting services to the cannabis industry that include obtaining licenses, compliance, cultivation, retail operations, logistical support, facility design and construction, and expansion of existing operations.
Click Here to get the full Stock Report for General Cannabis Corp stock.
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