Overall market sentiment has been high on Honda Motor Co Ltd (HMC) stock lately. HMC receives a Bullish rating from InvestorsObserver's Stock Sentiment Indicator.
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.
Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish.
InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion.
For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.
What's Happening With HMC Stock Today?
Honda Motor Co Ltd (HMC) stock is lower by -3.14% while the S&P 500 has risen 0.11% as of 11:03 AM on Tuesday, Apr 6. HMC has fallen -$0.95 from the previous closing price of $30.43 on volume of 463,049 shares. Over the past year the S&P 500 has gained 53.26% while HMC has risen 37.24%. HMC earned $2.18 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 13.52.
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More About Honda Motor Co Ltd
Incorporated in 1948, Honda Motor was originally a motorcycle manufacturer. Today, the firm makes automobiles, motorcycles, and power products such as boat engines, generators, and lawnmowers. Honda sold 24.1 million cars and motorcycles in fiscal 2020 (4.8 million of which were autos), and consolidated sales were JPY 14.9 trillion. Automobiles constitute 67% of revenue and motorcycles 14%, with the rest split between power products and financial services. Honda also makes robots and private jets.
Click Here to get the full Stock Score Report on Honda Motor Co Ltd (HMC) Stock.
The Link LonkApril 06, 2021 at 10:20PM
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Should You Buy Honda Motor Co Ltd (HMC) Stock on Tuesday? - InvestorsObserver
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