Overall market sentiment has been high on TDH Holdings Inc (PETZ) stock lately. PETZ receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator.
TDH Holdings Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on PETZ!
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.
Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive.
InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend.
Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .
What's Happening With PETZ Stock Today?
TDH Holdings Inc (PETZ) stock is trading at $1.56 as of 2:11 PM on Thursday, Dec 22, a loss of -$0.04, or -2.69% from the previous closing price of $1.60. The stock has traded between $1.48 and $1.59 so far today. Volume today is less active than usual. So far 39,631 shares have traded compared to average volume of 114,359 shares.
More About TDH Holdings Inc
TDH Holdings Inc is engaged in producing pet food for pet owners in China and other regions. The products of the company include dry food, wet food and treats for both dogs and cats as well as includes dry meat treats, pet biscuits, canned food and other products such as non-food items like dog leashes and pet toys under multiple brands in various geographical markets. The company's line of products includes Pet chews, Dried pet snacks, Wet canned pet foods, Dental health snack foods and Baked pet biscuits. It markets and sells its products under various brand names such as Pet Cuisine, Hum and Cheer, Like, TDH, Tiandihui, Dog Zone Sasami and others. The company operates through the business of manufacturing and selling pet food and restaurant operations.
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