Turning Point Brands Inc (TPB) Stock: What Does the Chart Say Tuesday?

Turning Point Brands Inc (TPB) stock has risen 6.67% over the past week and gets a Bullish rating from InvestorsObserver Sentiment Indicator.

Turning Point Brands Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on TPB!

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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 TPB Stock Today?

Turning Point Brands Inc (TPB) stock is trading at $29.09 as of 3:11 PM on Tuesday, Jun 28, a decline of -$0.25, or -0.85% from the previous closing price of $29.34. The stock has traded between $29.06 and $30.22 so far today. Volume today is below average. So far 103,503 shares have traded compared to average volume of 206,324 shares.

More About Turning Point Brands Inc

Turning Point Brands Inc operates as an independent provider of Other Tobacco Products (OTP) in the U.S. It offers a wide range of products across the OTP spectrum including moist snuff tobacco (MST), loose-leaf chewing tobacco, premium cigarette papers, make- your-own (MYO) cigar wraps, cigars, liquid vapor products, and tobacco vaporizer products. It operates in three segments namely Zig-Zag products; Stoker's products and NewGen products. The company generates maximum revenue from the Zig-Zag products segment. Click Here to get the full Stock Report for Turning Point Brands Inc stock.