Overall market sentiment has been high on MarineMax Inc (HZO) stock lately. HZO receives a Bullish rating from InvestorsObserver's Stock Sentiment Indicator.
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.
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 HZO Stock Today?
MarineMax Inc (HZO) stock has risen 5.01% while the S&P 500 is down -0.18% as of 10:25 AM on Monday, May 10. HZO has risen $3.29 from the previous closing price of $65.71 on volume of 360,489 shares. Over the past year the S&P 500 is up 44.18% while HZO has risen 342.31%. HZO earned $5.45 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 12.85.
To see the top 5 stocks in the Specialty Retail industry click here.
More About MarineMax Inc
MarineMax Inc is a United-States-based company that sells new and used recreational boats under premium brands, and related marine products, like engines, parts, and accessories. The company is also engaged in other businesses, including providing services of repair, maintenance and storage; managing related boat financing, insurance, and others; offering brokerage sales of boats and yachts; and operating a yacht charter business. The sale of new and used boats account for the majority of the company's total revenue.
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