Should You Buy Kellanova (K) Stock on Tuesday?

The market has been down on Kellanova (K) stock recently. K gets a Bearish score from InvestorsObserver Stock Sentiment Indicator.

Kellanova has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on K!

See Full K Report

What is Stock Sentiment?

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. 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 K Stock Today?

Kellanova (K) stock has fallen -0.31% while the S&P 500 has risen 0.04% as of 3:09 PM on Tuesday, Nov 28. K is lower by -$0.16 from the previous closing price of $52.50 on volume of 1,263,171 shares. Over the past year the S&P 500 is higher by 14.85% while K is lower by -23.31%. K earned $2.40 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 21.85. To see InvestorsObserver's Sentiment Score for Kellanova click here.

More About Kellanova

Founded in 1906, Kellogg is a leading global manufacturer and marketer of cereal, cookies, crackers, and other packaged foods. Its offerings are manufactured in 21 countries and marketed in more than 180 countries. Its product mix includes well-known brands such as Special K, Frosted Flakes, Froot Loops, Rice Krispies, Pop-Tarts, Eggo, Kashi, and Morningstar Farms. The firm added the Pringles brand to its mix in 2012. Sales outside its home turf account for around 40% of Kellogg's consolidated sales base. The firm intends to split its global snacking arm from its North American cereal and plant-based alternative segments by the end of calendar 2023. Click Here to get the full Stock Report for Kellanova stock.