Where Will Eastside Distilling Inc (EAST) Stock Go Next After It Is Down 30.87% in a Week?

The market has been down on Eastside Distilling Inc (EAST) stock recently. EAST gets a Bearish score from InvestorsObserver Stock Sentiment Indicator.

Eastside Distilling Inc has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on EAST!

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What is Stock Sentiment?

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. 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 EAST Stock Today?

Eastside Distilling Inc (EAST) stock is flat 0% while the S&P 500 has risen 0.3% as of 2:36 PM on Monday, Mar 25. EAST is unmoved $0.00 from the previous closing price of $1.03 on volume of 1,352 shares. Over the past year the S&P 500 has gained 31.58% while EAST is lower by -77.41%. EAST lost -$18.35 per share in the over the last 12 months.

More About Eastside Distilling Inc

Eastside Distilling Inc is a producer and marketer of craft spirits. Its alcoholic beverage categories include whiskey, vodka, gin, rum, tequila, and Ready-to-Drink. Some of its brands include Azunia Tequila, Hue-Hue Coffee Rum, Portland Potato Vodka, and Burnside Whiskey. It operates in a single segment of packaging, producing, marketing, and distributing alcoholic beverages. The company distributes its products in more than 45 states of the United States. Click Here to get the full Stock Report for Eastside Distilling Inc stock.