Overall market sentiment has been high on FinVolution Group - ADR (FINV) stock lately. FINV 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.
Changes in price are generally the best indicator of sentiment for a particular stock. At its core, a stock's trend indicates whether current market sentiment is bullish or bearish. Investors must be bullish if a stock is trending upward, and are bearish if a stock is moving down.
InvestorsObserver's Sentiment Indicator factors in both price changes and variations in volume. An increase in volume usually means a current trend is stengthening, while a drop in volume tends to signal a reversal to the ongoing trend.
Our system also uses the options market in order to receive additional signals on current sentiments. We take into account the ratio of calls and puts for a stock since options allow an investor to bet on future changes in price.
What's Happening With FINV Stock Today?
FinVolution Group - ADR (FINV) stock is trading at $2.47 as of 11:40 AM on Thursday, Dec 31, a decline of -$0.12, or -4.63% from the previous closing price of $2.59. The stock has traded between $2.14 and $2.60 so far today. Volume today is light. So far 595,171 shares have traded compared to average volume of 922,436 shares.
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More About FinVolution Group - ADR
FinVolution Group is a provider of online consumer finance in China. It offers various loan products, making financial services available to borrowers anytime, anywhere; designs a loan transaction process, and offers Tailored risk-based pricing. It offers short-term loans to borrowers to meet immediate credit needs while allowing them to gradually establish their credit history through activities on the company's platform. The company provides investors with an opportunity to invest in an emerging asset class-consumer loans through a variety of investment options. It generates revenues from fees charged to borrowers.
Click Here to get the full Stock Score Report on FinVolution Group - ADR (FINV) Stock.
