The market has been high on PepsiCo, Inc. (PEP) stock recently. PEP gets a Bullish score from InvestorsObserver Stock Sentiment Indicator.
PepsiCo, Inc. has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on PEP!
What is Stock Sentiment?
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.
Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish.
InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion.
For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.
What's Happening With PEP Stock Today?
PepsiCo, Inc. (PEP) stock is trading at $157.75 as of 2:12 PM on Wednesday, Sep 1, a gain of $1.35, or 0.87% from the previous closing price of $156.39. The stock has traded between $156.51 and $157.86 so far today. Volume today is low. So far 2,254,961 shares have traded compared to average volume of 3,483,842 shares.
More About PepsiCo, Inc.
PepsiCo is one of the largest food and beverage companies globally. It makes, markets, and sells a slew of brands across the beverage and snack categories, including Pepsi, Mountain Dew, Gatorade, Doritos, Lays, and Ruffles. The firm uses a largely integrated go-to-market model, though it does leverage third-party bottlers, contract manufacturers, and distributors in certain markets. In addition to company-owned trademarks, Pepsi manufactures and distributes other brands through partnerships and joint ventures with companies such as Starbucks. The firm segments its operations into five primary geographies, with North America (comprising Frito-Lay North America, Quaker Foods North America, and North America beverages) constituting over 60% of consolidated revenue.
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