Overall market sentiment has been high on Ashland Inc (ASH) stock lately. ASH receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator.
Ashland Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on ASH!
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.
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 ASH Stock Today?
Ashland Inc (ASH) stock is trading at $97.71 as of 2:17 PM on Thursday, Mar 28, an increase of $0.10, or 0.1% from the previous closing price of $97.61. Volume today is low. So far 73,214 shares have traded compared to average volume of 343,053 shares. The stock has traded between $97.38 and $98.17 so far today.
More About Ashland Inc
Ashland Global Holdings is a global specialty materials company that serves a wide range of industrial markets. The company has a business-centric operating model and is organized into five distinct segments: life sciences, personal care and household, performance adhesives, specialty additives, and intermediates and solvents. Key customers for the firm include pharmaceutical companies and manufacturers of personal care products, food and beverages, and nutraceuticals and supplements. There is not a single segment that represents a majority of revenue given its extensive portfolio of products. A large portion of revenue is generated outside of the United States and there is higher demand for the company's services during warmer weather months.
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