Overall market sentiment has been down on Helen of Troy Limited (HELE) stock lately. HELE receives a Bearish rating from InvestorsObserver Stock Sentiment Indicator.
Helen of Troy Limited has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on HELE!
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.
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 HELE Stock Today?
Helen of Troy Limited (HELE) stock is trading at $103.27 as of 11:58 AM on Wednesday, Nov 22, a gain of $0.26, or 0.26% from the previous closing price of $103.00. The stock has traded between $102.99 and $105.00 so far today. Volume today is low. So far 35,641 shares have traded compared to average volume of 267,274 shares.
To see InvestorsObserver's Sentiment Score for Helen of Troy Limited click here.
More About Helen of Troy Limited
Helen Of Troy Ltd is a consumer products company with business segments in housewares, health and home, and beauty. The housewares segment offers house and kitchen tools, household cleaning tools, food storage containers, storage items, and baby care products. The Health & Home segment provides healthcare and home environment products including health care devices, water filtration systems and small home appliances. Beauty segment offers mass and prestige market beauty appliance and personal care products including hair styling appliances, grooming tools, decorative haircare accessories, and liquid-, solid- and powder-based personal care and grooming products. This segment sells primarily to retailers, beauty supply wholesalers and through direct- to- consumer channel.
Click Here to get the full Stock Report for Helen of Troy Limited stock.
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