The market has been down on Earth Science Tech Inc (ETST) stock recently. ETST gets a Bearish score from InvestorsObserver”s Stock Sentiment Indicator.
Earth Science Tech Inc has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on ETST!
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.
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 ETST Stock Today?
Earth Science Tech Inc (ETST) stock has risen 25.39% while the S&P 500 is down -0.5% as of 10:29 AM on Thursday, Mar 18. ETST is up $0.01 from the previous closing price of $0.03 on volume of 255,834 shares. Over the past year the S&P 500 has risen 56.34% while ETST is up 33.33%. ETST lost -$0.11 per share in the over the last 12 months.
To see InvestorsObserver’s Sentiment Score for Earth Science Tech Inc click here.
More About Earth Science Tech Inc
Earth Science Tech Inc is a biotechnology company. The company is engaged in research and development for hemp cannabinoid (CBD), nutraceutical, pharmaceutical, medical device. Its products include CBD Hemp Oil, CBD Capsules, CBD Pets, and CBD Chocolates. The company products help in Health and Wellness benefits including a digestive aid that regulates appetite and eases symptoms of nausea and vomiting, analgesic pain relief, relief from anxiety, anti-tumour and anti-cancer benefits, and antipsychotic. It generates revenue from the sale of oils powders and gelcaps.
Click Here to get the full Stock Score Report on Earth Science Tech Inc (ETST) Stock.