Is Perimeter Solutions SA (PRM) a Stock to Watch After Gaining 16.67% This Week?

Overall market sentiment has been high on Perimeter Solutions SA (PRM) stock lately. PRM receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator.

Perimeter Solutions SA has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on PRM!

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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. 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 PRM Stock Today?

Perimeter Solutions SA (PRM) stock is trading at $7.35 as of 2:34 PM on Thursday, Mar 28, an increase of $0.02, or 0.27% from the previous closing price of $7.33. Volume today is below average. So far 255,600 shares have traded compared to average volume of 880,094 shares. The stock has traded between $7.26 and $7.37 so far today. To see InvestorsObserver's Sentiment Score for Perimeter Solutions SA click here.

More About Perimeter Solutions SA

Perimeter Solutions, SA manufactures and supplies firefighting products and lubricant additives in the United States, Germany, and internationally. It operates in two segments, Fire Safety and Specialty Products. The Fire Safety segment provides fire retardants and firefighting foams, as well as specialized equipment and services for federal, state, provincial, local/municipal, and commercial customers. The Specialty Products segment produces and sells Phosphorus Pentasulfide, which is primarily used in the preparation of lubricant additives, including a family of compounds called Zinc Dialkyldithiophosphates. The company offers its products under the PHOS-CHEK, FIRE-TROL, AUXQUIMIA, SOLBERG. and BIOGEMA brands. Perimeter Solutions, SA was founded in 1963 and is headquartered in Clayton, Missouri. Click Here to get the full Stock Report for Perimeter Solutions SA stock.