The market has been neutral on Walmart Inc (WMT) stock recently. WMT gets a Neutral score from InvestorsObserver Stock Sentiment Indicator.
Walmart Inc has a Neutral sentiment reading. Find out what this means for you and get the rest of the rankings on WMT!
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.
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 WMT Stock Today?
Walmart Inc (WMT) stock is trading at $132.84 as of 12:53 PM on Thursday, Sep 29, a decline of -$0.27, or -0.2% from the previous closing price of $133.11. Volume today is light. So far 2,058,200 shares have traded compared to average volume of 6,552,382 shares. The stock has traded between $132.04 and $134.12 so far today.
More About Walmart Inc
America's largest retailer by sales, Walmart operated over 10,500 stores under 46 banners at the end of fiscal 2022, selling a variety of general merchandise and grocery items. Its home market accounted for 82% of sales in fiscal 2022, with Mexico and Central America (6%) and Canada (4%) its largest external markets. In the United States at the namesake banner, around 56% of sales come from grocery, 32% from general merchandise, and 11% from health and wellness items. The company operates several e-commerce properties apart from its eponymous site, including Flipkart and shoes.com (it also owns a roughly 10% stake in Chinese online retailer JD.com). Combined, e-commerce accounted for about 13% of fiscal 2022 sales.
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