Overall market sentiment has been down on Acushnet Holdings Corp (GOLF) stock lately. GOLF receives a Bearish rating from InvestorsObserver's Stock Sentiment Indicator.
What is Stock Sentiment?
In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company.
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 GOLF Stock Today?
Acushnet Holdings Corp (GOLF) stock has gained 0.72% while the S&P 500 has fallen -1.12% as of 1:13 PM on Monday, Sep 21. GOLF is up $0.24 from the previous closing price of $33.18 on volume of 193,373 shares. Over the past year the S&P 500 has risen 10.95% while GOLF is up 23.64%. GOLF lost -$0.06 per share in the over the last 12 months.
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More About Acushnet Holdings Corp
Acushnet Holdings Corp is a US-based company engaged in the design, development, manufacture, and distribution of golf products. Its product category includes golf balls, golf shoes, golf clubs, wedges, putters, golf gloves, golf gear and golf wear, of which key revenue is derived from the sales of golf balls and golf gloves. The operating segments of the company are Titleist golf balls, Titleist golf clubs, Titleist golf gear and FootJoy golf wear. The company operates in the United States, EMEA, Japan, Korea and other countries, of which a majority of the revenue is generated from the operations in the United States.
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