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 USFD Stock Today?
US Foods Holding Corp (USFD) stock is trading at $41.37 as of 3:26 PM on Friday, Jun 2, a rise of $0.78, or 1.92% from the previous closing price of $40.59. The stock has traded between $40.29 and $41.45 so far today. Volume today is less active than usual. So far 1,220,327 shares have traded compared to average volume of 2,312,516 shares.
To see InvestorsObserver's Sentiment Score for US Foods Holding Corp click here.
More About US Foods Holding Corp
US Foods is the second-largest U.S. food service distributor behind Sysco, holding 10% market share of the highly fragmented food service distribution industry. us Foods distributes more than 400,000 food and nonfood products to the healthcare and hospitality industries (collectively 22% of 2021 sales), restaurants (61%), and education, government facilities, and grocers (17%). In addition to its delivery business, the firm has 80 cash-and- carry stores under the Chef'Store banner. After Sysco's attempt to purchase us Foods failed to gain federal approval in 2015, us Foods entered the public market via an initial public offering.
Click Here to get the full Stock Report for US Foods Holding Corp stock.
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