Overall market sentiment has been high on Zumiez Inc. (ZUMZ) stock lately. ZUMZ receives a Bullish rating from InvestorsObserver's Stock Sentiment Indicator.
What is Stock Sentiment?
Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score.
As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend.
Price action is generally the best indicator of sentiment. For a stock to go up, investors must feel good about it. Similarly, a stock that is in a downtrend must be out of favor.
InvestorsObserver’s Sentiment Indicator considers price action and recent trends in volume. Increasing volumes often mean that a trend is strengthening, while decreasing volumes can signal that a reversal could come soon.
The options market is another place to get signals about sentiment. Since options allow investors to place bets on the price of a stock, we consider the ratio of calls and puts for stocks where options are available.
What's Happening With ZUMZ Stock Today?
Zumiez Inc. (ZUMZ) stock is down -6.14% while the S&P 500 has gained 0.6% as of 2:49 PM on Friday, Dec 4. ZUMZ is down -$2.35 from the previous closing price of $38.37 on volume of 642,893 shares. Over the past year the S&P 500 is higher by 18.50% while ZUMZ has gained 20.19%. ZUMZ earned $2.39 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 15.05.
More About Zumiez Inc.
Zumiez Inc is a United-States-based specialty retailer engaged in the sale of apparel, footwear, accessories, and hardgoods. The company provides merchandise with cultural elements coming from fashion, music, art and from action sports, streetwear, and other unique lifestyles. The company operates under the brands Zumiez and Blue Tomato, and through both physical stores and websites. Most of the company's stores are located in the U.S., with the rest in Canada and Europe. The U.S. market contributes to the majority of the company's revenue.