Overall market sentiment has been down on Better Choice Company Inc (BTTR) stock lately. BTTR receives a Bearish rating from InvestorsObserver Stock Sentiment Indicator.
Better Choice Company Inc has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on BTTR!
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.
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 BTTR Stock Today?
Better Choice Company Inc (BTTR) stock has gained 2.21% while the S&P 500 has fallen -0.47% as of 3:42 PM on Friday, Jul 30. BTTR has risen $0.07 from the previous closing price of $3.39 on volume of 62,039 shares. Over the past year the S&P 500 has risen 34.98% while BTTR has fallen -85.51%. BTTR lost -$7.43 per share in the over the last 12 months.
More About Better Choice Company Inc
Better Choice Co Inc is a pet health and wellness portfolio company, offering consumers a wide variety of recognized premium pet products and hemp-derived CBD supplements. Its portfolio includes kibble and canned dog and cat food, freeze-dried raw dog food and treats, vegan dog food and treats, oral care products, supplements and grooming aids. Its core products sold under the Halo brand are sustainably sourced, derived from real whole meat and no rendered meat meal and include non-GMO fruits and vegetables. Its core products sold under the TruDog brand are made according to nutritional philosophy of fresh, meat-based nutrition and minimal processing.
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