The market has been high on China Rapid Finance Ltd - ADR (XRF) stock recently. XRF gets a Bullish score from InvestorsObserver's Stock Sentiment Indicator.
China Rapid Finance Ltd - ADR has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on XRF!
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 XRF Stock Today?
China Rapid Finance Ltd - ADR (XRF) stock is higher by 20.25% while the S&P 500 is lower by -0.78% as of 11:20 AM on Wednesday, Jun 10. XRF is higher by $0.32 from the previous closing price of $1.58 on volume of 409,960 shares. Over the past year the S&P 500 has risen 11.10% while XRF is lower by -44.12%. XRF lost -$5.72 per share in the over the last 12 months.
More About China Rapid Finance Ltd - ADR
China Rapid Finance Ltd is engaged in decisioning technology, including predictive selection technology and automated decision technology, to act as a third-party service provider for financial institutions, for which it evaluates potential borrowers' creditworthiness, provides analytical screening and marketing services, and also provides portfolio management services, including loan collection services.
