The market has been down on Natura &Co Holding American Depositary Shares Representing 2 Ord Shs (NTCO) stock recently. NTCO gets a Bearish score from InvestorsObserver Stock Sentiment Indicator.
Natura &Co Holding American Depositary Shares Representing 2 Ord Shs has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on NTCO!
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.
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 NTCO Stock Today?
Natura &Co Holding American Depositary Shares Representing 2 Ord Shs (NTCO) stock is trading at $6.20 as of 2:08 PM on Thursday, Aug 11, a loss of -$0.18, or -2.82% from the previous closing price of $6.38. The stock has traded between $5.97 and $6.58 so far today. Volume today is 974,686 compared to average volume of 933,120.
More About Natura &Co Holding American Depositary Shares Representing 2 Ord Shs
Natura &Co Holding SA is a multinational cosmetics, hygiene, and beauty company. It operates in Asia, Europe, North America, Oceania, and South America under the Natura, The Body Shop, and Aesop brand name. Its operating segment namely, Natura &Co LATAM, The Body Shop International, Aesop International, and Avon International.
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