This Cannabis Stock Has a Neutral Sentiment Score and is Rising: Should You Hold GrowGeneration Corp (GRWG) Monday?

GRWG stock is higher by 1.73% Monday as the cannabis stock increases $0.14 and outperforms the market. Overall market sentiment has been neutral on GrowGeneration Corp (GRWG) stock lately. GRWG receives a Neutral rating from InvestorsObserver Stock 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!

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What is Stock Sentiment?

In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company. 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 GRWG Stock Today?

GrowGeneration Corp (GRWG) stock is trading at $8.24 as of 3:08 PM on Monday, Feb 7, an increase of $0.14, or 1.73% from the previous closing price of $8.10. The stock has traded between $7.98 and $8.54 so far today. Volume today is below average. So far 954,349 shares have traded compared to average volume of 2,128,390 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. Click Here to get the full Stock Report for GrowGeneration Corp stock.