GrowGeneration Corp is a player in the cannabis industry that is lower by 3.07% Friday. GrowGeneration Corp (GRWG) stock is up 1.13% over the past week and gets a Bullish rating from InvestorsObserver Sentiment Indicator.
GrowGeneration Corp has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on GRWG!
What is Stock Sentiment?
Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score.
As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend.
Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive.
InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend.
Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .
What's Happening With GRWG Stock Today?
GrowGeneration Corp (GRWG) stock is trading at $40.36 as of 3:43 PM on Friday, Jul 30, a loss of -$1.28, or -3.07% from the previous closing price of $41.64. The stock has traded between $40.03 and $42.23 so far today. Volume today is light. So far 478,317 shares have traded compared to average volume of 1,523,984 shares.
More About GrowGeneration Corp
GrowGeneration Corp owns and operates specialty retail hydroponic and organic gardening stores. The firm is a marketer and distributor of nutrients, growing media, advanced indoor and greenhouse lighting, ventilation systems and accessories for hydroponic gardening.
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