Is PepsiCo Inc (PEP) Stock About to Get Hot Thursday?

Overall market sentiment has been high on PepsiCo Inc (PEP) stock lately. PEP receives a Bullish rating 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!

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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. 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 $175.24 as of 3:52 PM on Thursday, Mar 28, a gain of $1.67, or 0.96% from the previous closing price of $173.57. The stock has traded between $174.37 and $175.81 so far today. Volume today is low. So far 3,132,866 shares have traded compared to average volume of 6,124,497 shares. To see InvestorsObserver's Sentiment Score for PepsiCo Inc click here.

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 around 60% of consolidated revenue. Click Here to get the full Stock Report for PepsiCo Inc stock.