Should You Buy Petco Health and Wellness Company Inc (WOOF) Stock After it Has Fallen 0.50% in a Week?

Overall market sentiment has been neutral on Petco Health and Wellness Company Inc (WOOF) stock lately. WOOF receives a Neutral rating from InvestorsObserver Stock Sentiment Indicator.

Petco Health and Wellness Company Inc has a Neutral sentiment reading. Find out what this means for you and get the rest of the rankings on WOOF!

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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. Price action is generally the best indicator of sentiment. For a stock to go up, investors must feel good about it. Similarly, a stock that is in a downtrend must be out of favor. InvestorsObserver’s Sentiment Indicator considers price action and recent trends in volume. Increasing volumes often mean that a trend is strengthening, while decreasing volumes can signal that a reversal could come soon. The options market is another place to get signals about sentiment. Since options allow investors to place bets on the price of a stock, we consider the ratio of calls and puts for stocks where options are available.

What's Happening With WOOF Stock Today?

Petco Health and Wellness Company Inc (WOOF) stock is up 0.5% while the S&P 500 is down -0.19% as of 12:45 PM on Monday, Mar 25. WOOF is higher by $0.01 from the previous closing price of $1.99 on volume of 1,227,487 shares. Over the past year the S&P 500 is up 31.34% while WOOF is down -75.06%. WOOF lost -$4.57 per share in the over the last 12 months. To see InvestorsObserver's Sentiment Score for Petco Health and Wellness Company Inc click here.

More About Petco Health and Wellness Company Inc

Petco Health and Wellness Co Inc offer pet care products such as puppy food, treats, nutrition, and supplies through retail outlets and online platforms. The company generates revenue from the sale of products and services such as dog and cat food, supplies, and companion animals, among others. Click Here to get the full Stock Report for Petco Health and Wellness Company Inc stock.