Overall market sentiment has been neutral on Ingredion Inc (INGR) stock lately. INGR receives a Neutral rating from InvestorsObserver's Stock 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.
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 INGR Stock Today?
Ingredion Inc (INGR) stock is down -0.21% while the S&P 500 has risen 0.34% as of 2:41 PM on Monday, Oct 26. INGR is lower by -$0.16 from the previous closing price of $76.60 on volume of 253,027 shares. Over the past year the S&P 500 has gained 14.01% while INGR is lower by -5.08%. INGR earned $5.17 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 14.74.
More About Ingredion Inc
Ingredion manufactures ingredients for the food, beverage, paper, and personal-care industries. Sweeteners (syrups, maltodextrins, dextrose, and polyols) account for about 35% of sales, starches (for food and industrial use) around 45%, and co-products the balance. Value-added, specialty ingredients account for roughly 30% of sales, with the balance being commodity-grade ingredients. With the majority of sales outside the U.S., Ingredion is a global player with good exposure to developing markets, including Latin America and Asia-Pacific.