What is the Market's View on Teleflex Inc (TFX) Stock's Price and Volume Trends Wednesday?

The market has been neutral on Teleflex Inc (TFX) stock recently. TFX gets a Neutral score from InvestorsObserver Stock Sentiment Indicator.

Teleflex Inc has a Neutral sentiment reading. Find out what this means for you and get the rest of the rankings on TFX!

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What is Stock Sentiment?

When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. This means that earnings updates and other news can greatly impact overall sentiment. Changes in price are generally the best indicator of sentiment for a particular stock. At its core, a stock's trend indicates whether current market sentiment is bullish or bearish. Investors must be bullish if a stock is trending upward, and are bearish if a stock is moving down. InvestorsObserver's Sentiment Indicator factors in both price changes and variations in volume. An increase in volume usually means a current trend is stengthening, while a drop in volume tends to signal a reversal to the ongoing trend. Our system also uses the options market in order to receive additional signals on current sentiments. We take into account the ratio of calls and puts for a stock since options allow an investor to bet on future changes in price.

What's Happening With TFX Stock Today?

Teleflex Inc (TFX) stock is trading at $223.97 as of 2:09 PM on Wednesday, Mar 13, a loss of -$2.92, or -1.29% from the previous closing price of $226.89. The stock has traded between $223.56 and $227.78 so far today. Volume today is less active than usual. So far 51,238 shares have traded compared to average volume of 276,518 shares. To see InvestorsObserver's Sentiment Score for Teleflex Inc click here.

More About Teleflex Inc

Teleflex is a Wayne, Pennsylvania-based manufacturer of hospital supplies and medical devices primarily in the bloodstream/vascular and surgical areas. The firm reports results across seven segments: vascular access (25% of 2021 sales), interventional (15%), anesthesia (14%), surgical (13%), interventional urology (12%), original-equipment manufacturing (9%), and all other (12%). Geographic exposure for the business is primarily in the U.S., which accounts for 60% of revenue, with international markets making up the remainder. Click Here to get the full Stock Report for Teleflex Inc stock.