Do Traders Think LexinFintech Holdings Ltd - ADR (LX) Can Keep Climbing Friday?

LexinFintech Holdings Ltd - ADR (LX) stock is higher by 30.10% over the past week and gets a Bullish rating from InvestorsObserver Sentiment Indicator.

LexinFintech Holdings Ltd - ADR has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on LX!

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What is Stock Sentiment?

In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company. 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 LX Stock Today?

LexinFintech Holdings Ltd - ADR (LX) stock is down -1.74% while the S&P 500 has gained 0.34% as of 9:41 AM on Friday, Sep 1. LX is lower by -$0.04 from the previous closing price of $2.59 on volume of 20,014 shares. Over the past year the S&P 500 is higher by 14.36% while LX has gained 25.00%. LX earned $0.91 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 2.79.

More About LexinFintech Holdings Ltd - ADR

LexinFintech Holdings Ltd is an online consumer finance platform and a technology-driven service provider in China. The group is engaged primarily in online direct sales services and online consumer financial services for its customers in China. It offers online direct sales with installment payment terms and offers installment purchase loans and personal installment loans mainly through its retail and online consumer finance platform www.fenqile.com, and its mobile application to young adults between the age of 18 and 36 in the People's Republic of China. The company also finances the loans with proceeds from partnering peer-to-peer lending platforms, commercial banks, and other financial institutions. Geographically, it derives revenue from China. Click Here to get the full Stock Report for LexinFintech Holdings Ltd - ADR stock.