Should You Buy Altria Group Inc (MO) Stock After it Has Fallen 2.26% in a Week?

Altria Group Inc (MO) stock has fallen 2.26% over the past week and gets a Bearish rating from InvestorsObserver Sentiment Indicator.

Altria Group Inc has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on MO!

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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. 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 MO Stock Today?

Altria Group Inc (MO) stock is trading at $44.18 as of 2:11 PM on Monday, Nov 22, a rise of $0.77, or 1.77% from the previous closing price of $43.41. The stock has traded between $43.62 and $44.68 so far today. Volume today is below average. So far 4,466,360 shares have traded compared to average volume of 7,455,766 shares.

More About Altria Group Inc

Altria comprises Philip Morris USA, U.S. Smokeless Tobacco, John Middleton, Ste. Michelle Wine Estates, Nu-Mark, and Philip Morris Capital, although the company plans to wind down Philip Morris Capital by the end of 2022. It holds a 10.2% interest in the world's largest brewer, Anheuser-Busch InBev. Through its tobacco subsidiaries, Altria holds the leading position in cigarettes and smokeless tobacco in the United States and the number-two spot in machine-made cigars. The company's Marlboro brand is the leading cigarette brand in the U.S. with a 43% share in 2020. Click Here to get the full Stock Report for Altria Group Inc stock.