The market has been down on Hollister Biosciences Inc (HSTRF) stock recently. HSTRF gets a Bearish score from InvestorsObserver's Stock Sentiment Indicator.
What is Stock Sentiment?
Sentiment uses short term technical analysis to gauge whether a stock is desired by investors. As a technical indicator, it focuses on recent trends as opposed to the long term health of the underlying company. Updates for the company such as a earnings release can move the stock away from current trends.
Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish.
InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion.
For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.
What's Happening With HSTRF Stock Today?
Hollister Biosciences Inc (HSTRF) stock is trading at $0.22 as of 10:28 AM on Thursday, May 13, an increase of $0.01, or 2.44% from the previous closing price of $0.21. The stock has traded between $0.18 and $0.22 so far today. Volume today is high. So far 470,819 shares have traded compared to average volume of 271,191 shares.
To see the top 5 stocks in the Drug Manufacturers - Specialty & Generic industry click here.
More About Hollister Biosciences Inc
Hollister Biosciences Inc is a Canada based company engaged in manufacturing and distributes cannabis products through its distribution partner or directly to licensed cannabis companies in the state of California.
Click Here to get the full Stock Score Report on Hollister Biosciences Inc (HSTRF) Stock.
