The market has been high on Glass House Brands Inc (GLASF) stock recently. GLASF gets a Bullish score from InvestorsObserver Stock Sentiment Indicator.
Glass House Brands Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on GLASF!
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.
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 GLASF Stock Today?
Glass House Brands Inc (GLASF) stock is higher by 5.5% while the S&P 500 is down -0.87% as of 12:30 PM on Friday, Mar 15. GLASF is higher by $0.37 from the previous closing price of $6.73 on volume of 182,753 shares. Over the past year the S&P 500 has risen 31.19% while GLASF is higher by 137.46%. GLASF lost -$1.10 per share in the over the last 12 months.
To see InvestorsObserver's Sentiment Score for Glass House Brands Inc click here.
