Should You Buy Horizon Global Corp (HZN) Stock on Monday?

Monday, January 30, 2023 01:46 PM | InvestorsObserver Analysts

Mentioned in this article

Should You Buy Horizon Global Corp (HZN) Stock on Monday?

Horizon Global Corp (HZN) stock has risen 0.58% over the past week and gets a Bullish rating from InvestorsObserver Sentiment Indicator.

Horizon Global Corp has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on HZN!

See Full HZN Report

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. 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 HZN Stock Today?

Horizon Global Corp (HZN) stock is flat 0.24% while the S&P 500 has fallen -0.96% as of 12:52 PM on Monday, Jan 30. HZN is unmoved $0.00 from the previous closing price of $1.73 on volume of 378,872 shares. Over the past year the S&P 500 has fallen -10.72% while HZN has fallen -77.36%. HZN lost -$3.28 per share in the over the last 12 months. To screen for more stocks like Horizon Global Corp click here.

More About Horizon Global Corp

Horizon Global Corp designs, manufactures and distributes towing, trailering, cargo management and related products for original equipment to aftermarket, automotive, and retail markets. It holds various brands including draw tite, hayman reese, reese, aqua clear, bulldog, fulton, harper, hidden hitch, highland, laitner, park side, pro series, reese towpower, rola, tekonsha, tow ready, trimotive americas and wesberg. The company's geographical segment includes Horizon Americas and Horizon Europe-Africa. Click Here to get the full Stock Report for Horizon Global Corp stock.