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Should You Buy Smith & Wesson Brands Inc (SWBI) Stock After it Is Up 32.43% in a Week?

Monday, March 11, 2024 11:07 AM | InvestorsObserver Analysts

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Should You Buy Smith & Wesson Brands Inc (SWBI) Stock After it Is Up 32.43% in a Week?

The market has been high on Smith & Wesson Brands Inc (SWBI) stock recently. SWBI gets a Bullish score from InvestorsObserver Stock Sentiment Indicator.

Sentiment Score - ,bullish
Smith & Wesson Brands Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on SWBI!

What is Stock Sentiment?

When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. This means that earnings updates and other news can greatly impact overall sentiment. 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 SWBI Stock Today?

Smith & Wesson Brands Inc (SWBI) stock is up 0.75% while the S&P 500 is lower by -0.2% as of 11:02 AM on Monday, Mar 11. SWBI is higher by $0.13 from the previous closing price of $17.39 on volume of 369,807 shares. Over the past year the S&P 500 has risen 32.62% while SWBI is higher by 62.83%. SWBI earned $0.57 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 30.7. To see InvestorsObserver's Sentiment Score for Smith & Wesson Brands Inc click here.

More About Smith & Wesson Brands Inc

Smith & Wesson Brands Inc is a U.S.-based leader in firearm manufacturing. It operates under one reportable segment: Firearms, which includes firearms distributions and manufacturing services. The company manufactures handguns, long guns, sporting rifles, shooting gear, and suppressor products. The firm's brand portfolio consists of Smith and Wesson, M&P, Thompson/Center Arms, Performance Center, and Gemtech; which are used for defense, law enforcement, hunting, and sporting purposes. The company operates internationally, with the majority of income generated by the U.S. market from its handgun products. Click Here to get the full Stock Report for Smith & Wesson Brands Inc stock.

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