What is the Market's View on elf Beauty Inc (ELF) Stock's Price and Volume Trends Wednesday?

Overall market sentiment has been high on elf Beauty Inc (ELF) stock lately. ELF receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator.

elf Beauty Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on ELF!

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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. 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 ELF Stock Today?

elf Beauty Inc (ELF) stock is down -1.09% while the S&P 500 has risen 0.61% as of 2:55 PM on Wednesday, Jul 6. ELF is down -$0.36 from the previous closing price of $32.88 on volume of 453,825 shares. Over the past year the S&P 500 has fallen -11.25% while ELF has risen 23.65%. ELF earned $0.41 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 80.15. To see InvestorsObserver's Sentiment Score for elf Beauty Inc click here.

More About elf Beauty Inc

e.l.f. Beauty Inc is a cosmetic company based in the United States. The company offers cosmetic accessories for women which include eyeliner, mascara, false eyelashes, lipstick, the foundation for the face, moisturizer, cleanser, and other tools through its stores and e-commerce channels. The products that the company sells are marketed under the e.l.f. Cosmetics, W3LL PEOPLE and Keys Soulcare brands. Click Here to get the full Stock Report for elf Beauty Inc stock.