Where Will Lamb Weston Holdings Inc (LW) Stock Go Next After It Is Down 12.50% in a Week?

The market has been down on Lamb Weston Holdings Inc (LW) stock recently. LW gets a Bearish score from InvestorsObserver Stock Sentiment Indicator.

Lamb Weston Holdings Inc has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on LW!

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What is Stock Sentiment?

Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score. As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend. 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 LW Stock Today?

Lamb Weston Holdings Inc (LW) stock is trading at $66.24 as of 10:56 AM on Wednesday, Jul 28, a rise of $0.45, or 0.68% from the previous closing price of $65.79. Volume today is 981,239 compared to average volume of 948,830. The stock has traded between $64.81 and $66.31 so far today.

More About Lamb Weston Holdings Inc

Lamb Weston is the world's second-largest producer of branded and private-label frozen potato products, such as French fries, sweet potato fries, tots, diced potatoes, mashed potatoes, hash browns, and chips. The company also has a small appetizer business that produces onion rings, mozzarella sticks, and cheese curds. While 80% of revenue are U.S.-based, the firm also sells its products in Canada, Japan, China, Korea, Mexico, and several other countries. About 86% of the firm's products are distributed into the food-service channel, while the remaining 14% is sold through retail. Lamb Weston became an independent company in 2016 when it was spun off from Conagra. Click Here to get the full Stock Report for Lamb Weston Holdings Inc stock.