Overall market sentiment has been down on United Natural Foods Inc (UNFI) stock lately. UNFI receives a Bearish rating from InvestorsObserver Stock Sentiment Indicator.
United Natural Foods Inc has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on UNFI!
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.
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 UNFI Stock Today?
United Natural Foods Inc (UNFI) stock is higher by 0.03% while the S&P 500 is down -1% as of 1:52 PM on Tuesday, Jan 25. UNFI is higher by $0.01 from the previous closing price of $36.91 on volume of 446,817 shares. Over the past year the S&P 500 has risen 13.25% while UNFI is higher by 31.34%. UNFI earned $2.28 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 4.64.
More About United Natural Foods Inc
United Natural Foods Inc is a wholesale distributor of natural, organic and specialty foods and nonfood products across North America. The company's products consist of national, regional and private label brands grouped into grocery and general merchandise, produce, perishables and frozen foods, nutritional supplements and sports nutrition, bulk and foodservice products, and personal care items. United Natural Foods serves various retail formats including conventional supermarket chains, natural product superstores, independent retail operators and foodservice channels such as e-commerce platforms. The company's operations are comprised of principal divisions: the wholesale division; the retail division; and the manufacturing and branded products division.
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