Overall market sentiment has been high on Heartland Express, Inc. (HTLD) stock lately. HTLD receives a Bullish 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.
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 HTLD Stock Today?
Heartland Express, Inc. (HTLD) stock is trading at $19.43 as of 1:13 PM on Tuesday, Jan 19, a rise of $0.51, or 2.7% from the previous closing price of $18.92. The stock has traded between $18.90 and $19.61 so far today. Volume today is light. So far 155,936 shares have traded compared to average volume of 350,307 shares.
To see InvestorsObserver's Sentiment Score for Heartland Express, Inc. click here.
More About Heartland Express, Inc.
Heartland Express Inc is engaged in providing truckload services across the United States and Canada. It offers nationwide asset-based transportation services in the dry van truckload market. Also, the company offers truckload temperature-controlled transportation services and non-asset based brokerage services. The company's major customers represent primarily the consumer goods, appliances, food products, and automotive industries.
Click Here to get the full Stock Score Report on Heartland Express, Inc. (HTLD) Stock.
