Overall market sentiment has been neutral on Supreme Cannabis Company Inc (SPRWF) stock lately. SPRWF receives a Neutral rating from InvestorsObserver's Stock Sentiment Indicator.
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 SPRWF Stock Today?
Supreme Cannabis Company Inc (SPRWF) stock is flat -0.16% while the S&P 500 has gained 0.84% as of 11:48 AM on Monday, Dec 28. SPRWF is flat $0.00 from the previous closing price of $0.13 on volume of 945,092 shares. Over the past year the S&P 500 is up 15.92% while SPRWF is lower by -71.74%. SPRWF lost -$0.08 per share in the over the last 12 months.
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More About Supreme Cannabis Company Inc
The Supreme Cannabis Co Inc is a Canada-based company engaged in the production and sale of medical and recreational cannabis. Its portfolio includes products that address recreational, medical, and wellness consumers. Its brands include BlissCo, Truverra, 7ACRES, Sugarleaf, and Hiway.
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