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Is it Time to Dump Performance Food Group Co (PFGC) Stock After it Is Lower By 3.11% in a Week?

Thursday, October 22, 2020 02:56 PM | InvestorsObserver Analysts

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Is it Time to Dump Performance Food Group Co (PFGC) Stock After it Is Lower By 3.11% in a Week?

The market has been down on Performance Food Group Co (PFGC) stock recently. PFGC gets a Bearish score from InvestorsObserver's Stock Sentiment Indicator.

Sentiment Score - ,bearish
Performance Food Group Co has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on PFGC!

What is Stock Sentiment?

When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. This means that earnings updates and other news can greatly impact overall sentiment.

Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive.

InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend.

Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .

What's Happening With PFGC Stock Today?

Performance Food Group Co (PFGC) stock has gained 3.92% while the S&P 500 is down -1.63% as of 2:54 PM on Thursday, Oct 22. PFGC is up $1.42 from the previous closing price of $36.24 on volume of 2,402,720 shares. Over the past year the S&P 500 has gained 14.38% while PFGC is down -10.40%. PFGC lost -$1.01 per share in the over the last 12 months.

To see InvestorsObserver's Sentiment Score for Performance Food Group Co click here.

More About Performance Food Group Co

Performance Food Group Co is the third- largest U.S. food-service distributor, with 7% market share and a heavy presence along the Eastern seaboard, the Southeast, and the Midwest. PFG's food-service business (69% of pro forma sales) has its largest exposure to national and regional restaurant chains (52% of segment revenue), followed by independent restaurants (27%), and other channels (20%) such as retail, hospitality, and education. The firm's Vistar segment (31% of pro forma sales) is a national distributor of candy, snacks, and beverages to convenience stores, vending and office coffee service distributors, theaters, sporting arenas, and correctional facilities.

Click Here to get the full Stock Score Report on Performance Food Group Co (PFGC) Stock.

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