What is the Market's View on Horizon Global Corp (HZN) Stock's Price and Volume Trends Thursday?

Thursday, January 05, 2023 11:54 AM | InvestorsObserver Analysts

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What is the Market's View on Horizon Global Corp (HZN) Stock's Price and Volume Trends Thursday?

Horizon Global Corp (HZN) stock is higher by 341.03% over the past week and gets a Bullish rating from InvestorsObserver Sentiment Indicator.

Horizon Global Corp has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on HZN!

See Full HZN Report

What is Stock Sentiment?

Sentiment uses short term technical analysis to gauge whether a stock is desired by investors. As a technical indicator, it focuses on recent trends as opposed to the long term health of the underlying company. Updates for the company such as a earnings release can move the stock away from current trends. 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 HZN Stock Today?

Horizon Global Corp (HZN) stock is flat -0.29% while the S&P 500 is down -1.13% as of 11:34 AM on Thursday, Jan 5. HZN is unmoved $0.00 from the previous closing price of $1.72 on volume of 677,001 shares. Over the past year the S&P 500 is down -20.53% while HZN is down -79.55%. HZN lost -$3.28 per share in the over the last 12 months.

More About Horizon Global Corp

Horizon Global Corp designs, manufactures and distributes towing, trailering, cargo management and related products for original equipment to aftermarket, automotive, and retail markets. It holds various brands including draw tite, hayman reese, reese, aqua clear, bulldog, fulton, harper, hidden hitch, highland, laitner, park side, pro series, reese towpower, rola, tekonsha, tow ready, trimotive americas and wesberg. The company's geographical segment includes Horizon Americas and Horizon Europe-Africa. Click Here to get the full Stock Report for Horizon Global Corp stock.