Planet Fitness Inc (PLNT) stock is up 10.30% over the past week and has received a bullish rating from InvestorsObserver’s Sentiment Indicator.
Planet Fitness Inc has a bullish sentiment reading. Find out what this means for you and get the rest of the leaderboard on PLNT!
What is stock sentiment?
Sentiment uses short-term technical analysis to gauge whether investors want a stock. As a technical indicator, it focuses on recent trends versus the long-term health of the underlying company. Updates for the company, such as B. a profit announcement, can dissuade the stock from the current trends.
Recent trends are a good indicator of current market sentiment. In its simplest form, stocks that are trending up are desirable to investors, while stocks that are currently falling must be unattractive.
InvestorsObserver’s Sentimental Indicator captures both price and volume changes to analyze the latest trends. Typically, an increase in volume indicates that the current trends are getting stronger, while a decrease in volume usually signals an end to the current trend.
Available options can also represent the current sentiment for a particular stock. Since investors can use options to bet on future trends in stocks, we consider the ratio of calls to puts when analyzing market sentiment.
What is happening to PLNT Stock today?
Planet Fitness Inc (PLNT) stock is down -1.14% while the S&P 500 is up 0.18% at 11:44 a.m. on Friday, April 9th. PLNT is down – $ 0.98 from the previous closing price of $ 86.24 on a volume of 470,040 shares. Over the past year, the S&P 500 is up 49.26% while the PLNT is up 63.77%. PLNT lost $ 0.19 per share over the past 12 months.
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More about Planet Fitness Inc.
Planet Fitness Inc is a franchisor and operator of fitness centers in the United States. The company’s reportable segments are Franchise, Proprietary Stores, and Equipment. The franchise segment includes franchise-related activities in the United States, Puerto Rico, Canada, the Dominican Republic, Panama, and Mexico. The Corporate Owned Stores segment includes operations related to all corporate owned stores in the United States and Canada. The Equipment segment includes the sale of equipment to stores owned by franchisees in the United States. The company generates a large part of its sales in the franchise business.
For the full Planet Fitness Inc (PLNT) Stock Score report.
