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What is the Market's View on Kraft Heinz Co (KHC) Stock's Price and Volume Trends Monday?

Monday, March 25, 2024 03:19 PM | InvestorsObserver Analysts

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What is the Market's View on Kraft Heinz Co (KHC) Stock's Price and Volume Trends Monday?

Overall market sentiment has been high on Kraft Heinz Co (KHC) stock lately. KHC receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator.

Sentiment Score - ,bullish
Kraft Heinz Co has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on KHC!

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. 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 KHC Stock Today?

Kraft Heinz Co (KHC) stock has gained 0.67% while the S&P 500 is lower by -0.19% as of 3:06 PM on Monday, Mar 25. KHC has gained $0.24 from the previous closing price of $35.85 on volume of 4,429,479 shares. Over the past year the S&P 500 is higher by 31.34% while KHC is lower by -6.50%. KHC earned $2.31 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 15.63.

More About Kraft Heinz Co

Kraft merged with Heinz to create the third- largest food and beverage manufacturer in North America behind PepsiCo and Nestle and the fifth- largest player in the world. Beyond its namesake brands, the combined firm's portfolio includes Oscar Mayer, Velveeta, and Philadelphia. Outside North America, the firm's global reach includes a distribution network in Europe and emerging markets that drive around one fifth of its consolidated sales base, as its products are sold in more than 190 countries and territories. Click Here to get the full Stock Report for Kraft Heinz Co stock.

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