Henry Schein, Inc. (HSIC) stock is lower by 1.65% over the past week and gets a Bearish rating from InvestorsObserver Sentiment Indicator.
Henry Schein, Inc. has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on HSIC!
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 HSIC Stock Today?
Henry Schein, Inc. (HSIC) stock is trading at $67.48 as of 3:37 PM on Tuesday, Nov 28, a decline of -$0.50, or -0.74% from the previous closing price of $67.98. The stock has traded between $67.33 and $68.23 so far today. Volume today is light. So far 544,683 shares have traded compared to average volume of 1,295,094 shares.
More About Henry Schein, Inc.
Henry Schein is the largest wholesaler of dental and medical products to office-based practitioners. The company has been established for approximately 90 years and operates across nearly 30 distribution centers to offer hundreds of thousands of products to customers globally. Henry Schein also offers practice management products that include software products, technical, financial, and educational services. The company recently spun off its animal health business.
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