Where Will Reynolds Consumer Products Inc (REYN) Stock Go Next After It Is Higher By 8.08% in a Week?

Reynolds Consumer Products Inc (REYN) stock has gained 8.08% over the past week and gets a Bullish rating from InvestorsObserver Sentiment Indicator.

Reynolds Consumer Products Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on REYN!

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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. 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 REYN Stock Today?

Reynolds Consumer Products Inc (REYN) stock is higher by 0.9% while the S&P 500 is down -0.75% as of 1:35 PM on Wednesday, Nov 16. REYN is higher by $0.28 from the previous closing price of $31.03 on volume of 119,237 shares. Over the past year the S&P 500 is down -15.40% while REYN is higher by 4.47%. REYN earned $1.31 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 23.99.

More About Reynolds Consumer Products Inc

Reynolds Consumer Products Inc is a provider of household products. The firm is engaged in production and sales of cooking products, waste & storage products, and tableware. It operates through four reportable segments namely, Reynolds Cooking & Baking, Hefty Waste & Storage, Hefty Tableware and Presto Products. The company generates revenue through the United States. Click Here to get the full Stock Report for Reynolds Consumer Products Inc stock.