The market has been high on Northwest Natural Holding Co (NWN) stock recently. NWN gets a Bullish score from InvestorsObserver Stock Sentiment Indicator.
Northwest Natural Holding Co has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on NWN!
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.
Changes in price are generally the best indicator of sentiment for a particular stock. At its core, a stock's trend indicates whether current market sentiment is bullish or bearish. Investors must be bullish if a stock is trending upward, and are bearish if a stock is moving down.
InvestorsObserver's Sentiment Indicator factors in both price changes and variations in volume. An increase in volume usually means a current trend is stengthening, while a drop in volume tends to signal a reversal to the ongoing trend.
Our system also uses the options market in order to receive additional signals on current sentiments. We take into account the ratio of calls and puts for a stock since options allow an investor to bet on future changes in price.
What's Happening With NWN Stock Today?
Northwest Natural Holding Co (NWN) stock is trading at $37.97 as of 1:45 PM on Monday, Nov 6, a decline of -$1.37, or -3.48% from the previous closing price of $39.34. The stock has traded between $37.78 and $38.99 so far today. Volume today is light. So far 84,401 shares have traded compared to average volume of 209,462 shares.
To see InvestorsObserver's Sentiment Score for Northwest Natural Holding Co click here.
More About Northwest Natural Holding Co
Northwest Natural Holding Co is a public natural gas service supplier operating in the U.S. Pacific Northwest. Its subsidiary, NW Natural, operates through the natural gas distribution segment, which purchases and distributes natural gas through approximately 786,000 meters in Oregon and southwest Washington. The company generates its revenue from residential, commercial, and industrial customers, the majority of which are in Oregon. Residential and commercial customers account for the vast majority of profitability.
Click Here to get the full Stock Report for Northwest Natural Holding Co stock.
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