Where Will Hibbett Inc (HIBB) Stock Go Next After It Is Lower By 3.97% in a Week?

Overall market sentiment has been down on Hibbett Inc (HIBB) stock lately. HIBB receives a Bearish rating from InvestorsObserver Stock Sentiment Indicator.

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

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What is Stock Sentiment?

Sentiment uses short term technical analysis to gauge whether a stock is desired by investors. As a technical indicator, it focuses on recent trends as opposed to the long term health of the underlying company. Updates for the company such as a earnings release can move the stock away from current trends. Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish. InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion. For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.

What's Happening With HIBB Stock Today?

Hibbett Inc (HIBB) stock is trading at $64.58 as of 1:37 PM on Wednesday, Nov 30, an increase of $4.78, or 7.99% from the previous closing price of $59.80. The stock has traded between $59.85 and $64.79 so far today. Volume today is above average. So far 385,486 shares have traded compared to average volume of 292,790 shares.

More About Hibbett Inc

Hibbett Inc is engaged in the retail of sports goods. The company operates small to midsize stores and focuses its business on the South, Southwest, mid-Atlantic, and Midwest areas of the country. It offers a broad range of sporting goods, including apparel, footwear, accessories, and equipment needed for team sports, with brands such as Nike, Under Armour, Adidas, The North Face, Jordan, Costa, and others. The company consists of three kinds of stores: Hibbett Sports, the company's primary retail format stores, accounting for most of the company's total stores, City Gear, and Sports Additions, smaller-format stores primarily offering athletic footwear with a fashion-based style. Click Here to get the full Stock Report for Hibbett Inc stock.