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Where Will Haverty Furniture Companies, Inc. (HVT) Stock Go Next After It Has Gained 6.78% in a Week?

Friday, October 28, 2022 02:11 PM | InvestorsObserver Analysts

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Where Will Haverty Furniture Companies, Inc. (HVT) Stock Go Next After It Has Gained 6.78% in a Week?

Overall market sentiment has been neutral on Haverty Furniture Companies, Inc. (HVT) stock lately. HVT receives a Neutral rating from InvestorsObserver Stock Sentiment Indicator.

Sentiment Score - ,neutral
Haverty Furniture Companies, Inc. has a Neutral sentiment reading. Find out what this means for you and get the rest of the rankings on HVT!

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. 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 HVT Stock Today?

Haverty Furniture Companies, Inc. (HVT) stock is trading at $27.39 as of 2:02 PM on Friday, Oct 28, a gain of $1.16, or 4.4% from the previous closing price of $26.23. The stock has traded between $26.24 and $27.49 so far today. Volume today is below average. So far 91,972 shares have traded compared to average volume of 156,398 shares. To see InvestorsObserver's Sentiment Score for Haverty Furniture Companies, Inc. click here.

More About Haverty Furniture Companies, Inc.

Haverty Furniture Companies Inc is a specialty retailer of residential furniture and accessories. It provides various products such as Sofa Tables, Sleepers, End Tables, Cocktail Tables, Accent Pieces, Display Cabinets, Wall Decor, Florals and Tress, and other related products. The company operates primarily in the Southern and Midwestern U.S. All its activities are encompassed in its Merchandise division. The company derives the majority of its revenue from its upholstery products and, secondarily, from bedroom furniture. Click Here to get the full Stock Report for Haverty Furniture Companies, Inc. stock.

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