Zevia Pbc (ZVIA) Stock: What Does the Chart Say Wednesday?

Overall market sentiment has been down on Zevia Pbc (ZVIA) stock lately. ZVIA receives a Bearish rating from InvestorsObserver Stock Sentiment Indicator.

Zevia Pbc has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on ZVIA!

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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. Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive. InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend. Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .

What's Happening With ZVIA Stock Today?

Zevia Pbc (ZVIA) stock has fallen -0.89% while the S&P 500 has risen 0.03% as of 12:48 PM on Wednesday, Mar 20. ZVIA is lower by -$0.01 from the previous closing price of $1.12 on volume of 105,662 shares. Over the past year the S&P 500 is up 31.08% while ZVIA is lower by -63.00%. ZVIA lost -$0.42 per share in the over the last 12 months. To see InvestorsObserver's Sentiment Score for Zevia Pbc click here.

More About Zevia Pbc

Zevia PBC is a beverage company disrupting the liquid refreshment beverage industry through refreshing, zero-calorie, zero sugar, naturally sweetened beverages that are all Non-GMO Project Verified. It offers a platform of products that include a variety of flavors across Soda, Energy Drinks, Organic Tea, Mixers, Kidz drinks, and Sparkling Water. Its products are distributed across the U.S. and Canada through a network of major retailers in the food, drug, mass, natural, and e-commerce channels. Click Here to get the full Stock Report for Zevia Pbc stock.