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Is it Time to Dump Oxford Industries Inc (OXM) Stock After it Is Lower By 4.11% in a Week?

Wednesday, September 27, 2023 01:00 PM | InvestorsObserver Analysts

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Is it Time to Dump Oxford Industries Inc (OXM) Stock After it Is Lower By 4.11% in a Week?

The market has been down on Oxford Industries Inc (OXM) stock recently. OXM gets a Bearish score from InvestorsObserver Stock Sentiment Indicator.

Sentiment Score - ,bearish
Oxford Industries Inc has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on OXM!

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 OXM Stock Today?

Oxford Industries Inc (OXM) stock has gained 0.63% while the S&P 500 is down -0.41% as of 12:58 PM on Wednesday, Sep 27. OXM has gained $0.59 from the previous closing price of $93.14 on volume of 14,886 shares. Over the past year the S&P 500 has gained 16.44% while OXM has gained 5.26%. OXM earned $10.08 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 9.3.

More About Oxford Industries Inc

Oxford Industries Inc is an apparel manufacturing company that designs, sources, markets and distributes products under the brand name called Tommy Bahama, and Lilly Pulitzer. Tommy Bahama designs, sources, markets and distributes men's and women's sportswear and related products. Lilly Pulitzer designs, sources, markets and distributes upscale collections of women's and girl's dresses, sportswear and related products. The company generates a majority of its revenue from the Tommy Bahama division. Click Here to get the full Stock Report for Oxford Industries Inc stock.

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