Pot stock GRWG is falling back to earth Friday, decreasing 0.19%. GrowGeneration Corp (GRWG) stock is lower by 8.68% over the past week and gets a Neutral rating from InvestorsObserver Sentiment Indicator.
GrowGeneration Corp has a Neutral sentiment reading. Find out what this means for you and get the rest of the rankings on GRWG!
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 GRWG Stock Today?
GrowGeneration Corp (GRWG) stock is trading at $26.94 as of 10:50 AM on Friday, Sep 17, a loss of -$0.05, or -0.19% from the previous closing price of $26.99. The stock has traded between $26.60 and $27.52 so far today. Volume today is light. So far 270,510 shares have traded compared to average volume of 2,129,606 shares.
More About GrowGeneration Corp
GrowGeneration Corp owns and operates specialty retail hydroponic and organic gardening stores. The firm is a marketer and distributor of nutrients, growing media, advanced indoor and greenhouse lighting, ventilation systems and accessories for hydroponic gardening.
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