What is the Market's View on Capri Holdings Ltd (CPRI) Stock's Price and Volume Trends Friday?

Overall market sentiment has been down on Capri Holdings Ltd (CPRI) stock lately. CPRI receives a Bearish rating from InvestorsObserver Stock Sentiment Indicator.

Capri Holdings Ltd has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on CPRI!

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What is Stock Sentiment?

Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score. As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend. Price action is generally the best indicator of sentiment. For a stock to go up, investors must feel good about it. Similarly, a stock that is in a downtrend must be out of favor. InvestorsObserver’s Sentiment Indicator considers price action and recent trends in volume. Increasing volumes often mean that a trend is strengthening, while decreasing volumes can signal that a reversal could come soon. The options market is another place to get signals about sentiment. Since options allow investors to place bets on the price of a stock, we consider the ratio of calls and puts for stocks where options are available.

What's Happening With CPRI Stock Today?

Capri Holdings Ltd (CPRI) stock is trading at $36.16 as of 2:37 PM on Friday, Jun 2, an increase of $1.73, or 5.02% from the previous closing price of $34.43. The stock has traded between $34.65 and $36.64 so far today. Volume today is 2,772,009 compared to average volume of 2,609,037. To see InvestorsObserver's Sentiment Score for Capri Holdings Ltd click here.

More About Capri Holdings Ltd

Michael Kors, Versace, and Jimmy Choo are the brands of Capri Holdings, a marketer, distributor, and retailer of upscale accessories and apparel. Kors, Capri's largest brand, offers handbags, footwear, and apparel through more than 800 company-owned stores, wholesale, and e-commerce. Versace (acquired in 2018) is known for its ready-to-wear luxury fashion, while Jimmy Choo (acquired in 2017) is best known for women's luxury footwear. John Idol has served as CEO since 2003. Click Here to get the full Stock Report for Capri Holdings Ltd stock.