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 CLX Stock Today?
Clorox Co (CLX) stock has gained 0.31% while the S&P 500 is down -0.12% as of 1:13 PM on Friday, Jan 7. CLX has risen $0.55 from the previous closing price of $178.53 on volume of 488,762 shares. Over the past year the S&P 500 has risen 25.14% while CLX is down -9.29%. CLX earned $3.46 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 51.81.
To see InvestorsObserver's Sentiment Score for Clorox Co click here.
More About Clorox Co
With a history dating back more than 100 years, Clorox now sells a variety of consumer staples products, including cleaning supplies, laundry care, trash bags, cat litter, charcoal, food dressings, water-filtration products, and natural personal-care products. Beyond its namesake brand, the firm's portfolio includes Liquid-Plumr, Pine-Sol, S.O.S, Tilex, Kingsford, Fresh Step, Glad, Hidden Valley, KC Masterpiece, Brita, and Burt's Bees. Just shy of 85% of Clorox's sales stem from its home turf.
Click Here to get the full Stock Report for Clorox Co stock.
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