Where Will Toast Inc (TOST) Stock Go Next After It Is Up 10.93% in a Week?

Overall market sentiment has been neutral on Toast Inc (TOST) stock lately. TOST receives a Neutral rating from InvestorsObserver Stock Sentiment Indicator.

Toast Inc has a Neutral sentiment reading. Find out what this means for you and get the rest of the rankings on TOST!

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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 TOST Stock Today?

Toast Inc (TOST) stock has fallen -1.85% while the S&P 500 is up 0.41% as of 9:42 AM on Wednesday, Jun 1. TOST is lower by -$0.30 from the previous closing price of $16.24 on volume of 29,444 shares. Over the past year the S&P 500 has fallen -5.61% while TOST is lower by -74.50%. TOST lost -$0.82 per share in the over the last 12 months.

More About Toast Inc

Toast is a U.S.-based restaurant technology company that provides point-of-sale, payment processing, and various software services to 57,000 restaurant locations across the United States. The firm generates sales from software subscription fees, as a percentage take rate from each financial transaction it processes, and from hardware installation and professional services. Unlike competitors, Toast intermediates every payment transaction on its platform, processing some $57 billion in gross platform volume in 2021. The firm's product offerings span point-of-sale systems, inventory and payroll management, delivery integration, e-commerce ordering, and loyalty programs. Click Here to get the full Stock Report for Toast Inc stock.