The market has been high on Oshkosh Corp (OSK) stock recently. OSK gets a Bullish score from InvestorsObserver Stock Sentiment Indicator.
Oshkosh Corp has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on OSK!
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 OSK Stock Today?
Oshkosh Corp (OSK) stock is trading at $115.69 as of 10:16 AM on Monday, Nov 8, a gain of $0.51, or 0.44% from the previous closing price of $115.18. The stock has traded between $114.49 and $119.47 so far today. Volume today is less active than usual. So far 104,638 shares have traded compared to average volume of 640,385 shares.
More About Oshkosh Corp
Oshkosh is a leading maker of access equipment, specialty vehicles, and military trucks. It serves diverse end markets, where it is typically the market share leader in North America, or, in the case of JLG aerial work platforms, a global leader. After winning the contract to make the Humvee replacement, the Joint Light Tactical Vehicle, in 2015, Oshkosh became the largest supplier of light defense trucks to the U.S. military. The company reports four segments--access equipment (49% of revenue), defense (24%), fire and emergency (15%), commercial (12%)--and it generated $8.4 billion in revenue in 2019.
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