Heico Corp (HEI) stock is lower by 4.38% over the past week and gets a Bearish rating from InvestorsObserver's Sentiment Indicator.
What is Stock Sentiment?
In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company.
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 HEI Stock Today?
Heico Corp (HEI) stock is trading at $129.54 as of 2:33 PM on Tuesday, Nov 24, a gain of $1.33, or 1.04% from the previous closing price of $128.21. Volume today is 417,615 compared to average volume of 375,131. The stock has traded between $129.46 and $131.29 so far today.
To see InvestorsObserver's Sentiment Score for Heico Corp click here.
More About Heico Corp
Heico Corp manufactures jet engines and aircraft components. It also supplies electronic equipment for agencies and contractors. Its Flight Support segment uses proprietary technology to design engines and parts for commercial and military aircrafts. The company provides maintenance and repairs globally and can provide services on engines and parts supplied by another company. Its Electronic Technologies segment provides defense and communication equipment to United States and other military agencies. It designs and implements mission-critical subcomponents to perform tests, targeting, and other functions. Each segment independently conducts marketing efforts through in-house personnel and independent manufacturers' representatives.
Click Here to get the full Stock Score Report on Heico Corp (HEI) Stock.
