Overall market sentiment has been down on Ulta Beauty Inc (ULTA) stock lately. ULTA receives a Bearish rating from InvestorsObserver Stock Sentiment Indicator.
Ulta Beauty Inc has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on ULTA!
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 ULTA Stock Today?
Ulta Beauty Inc (ULTA) stock is trading at $512.94 as of 3:31 PM on Tuesday, Mar 26, a gain of $7.37, or 1.46% from the previous closing price of $505.57. The stock has traded between $505.00 and $513.86 so far today. Volume today is less active than usual. So far 527,876 shares have traded compared to average volume of 729,520 shares.
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More About Ulta Beauty Inc
Ulta Beauty is the largest specialized beauty retailer in the U.S. The firm offers makeup (43% of 2021 sales), fragrances, skin care, and hair care products (20% of 2021 sales), and bath and body items. Ulta offers private-label products and merchandise from more than 500 vendors. It also offers salon services, including hair, makeup, skin, and brow services, in all stores. Most Ulta stores are approximately 10,000 square feet and are in suburban strip centers. Ulta was founded in 1990 and is based in Bolingbrook, Illinois.
Click Here to get the full Stock Report for Ulta Beauty Inc stock.
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