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Is Utz Brands Inc (UTZ) Stock About to Get Hot Wednesday?

Wednesday, January 19, 2022 11:02 AM | InvestorsObserver Analysts

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Is Utz Brands Inc (UTZ) Stock About to Get Hot Wednesday?

Utz Brands Inc (UTZ) stock is lower by 9.55% over the past week and gets a Bearish rating from InvestorsObserver Sentiment Indicator.

Sentiment Score - ,bearish
Utz Brands Inc has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on UTZ!

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. Price action is generally the best indicator of sentiment. For a stock to go up, investors must feel good about it. Similarly, a stock that is in a downtrend must be out of favor. InvestorsObserver’s Sentiment Indicator considers price action and recent trends in volume. Increasing volumes often mean that a trend is strengthening, while decreasing volumes can signal that a reversal could come soon. The options market is another place to get signals about sentiment. Since options allow investors to place bets on the price of a stock, we consider the ratio of calls and puts for stocks where options are available.

What's Happening With UTZ Stock Today?

Utz Brands Inc (UTZ) stock is down -4.18% while the S&P 500 has gained 0% as of 10:55 AM on Wednesday, Jan 19. UTZ is lower by -$0.71 from the previous closing price of $17.00 on volume of 139,348 shares. Over the past year the S&P 500 is higher by 20.49% while UTZ is lower by -25.24%. UTZ lost -$1.18 per share in the over the last 12 months.

More About Utz Brands Inc

Utz Brands Inc is a snack food manufacturing company. It manufactures a diverse portfolio of salty snacks under popular brands including Utz, Zapp's, Golden Flake, Good Health, Boulder Canyon, Hawaiian, TORTIYAHS!, among others. The company's products include potato chips, pretzels, cheese snacks, pork skins, pub/party mixes, and veggie snacks. Its products are distributed nationally and internationally through grocery, mass merchant, club, convenience, drug, and other channels. Click Here to get the full Stock Report for Utz Brands Inc stock.

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