Overall market sentiment has been high on Senmiao Technology Ltd (AIHS) stock lately. AIHS 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.
Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive.
InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend.
Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .
What's Happening With AIHS Stock Today?
Senmiao Technology Ltd (AIHS) stock is trading at $1.75 as of 11:06 AM on Friday, Feb 19, a gain of $0.17, or 10.77% from the previous closing price of $1.58. The stock has traded between $1.61 and $1.86 so far today. Volume today is above average. So far 6,238,357 shares have traded compared to average volume of 4,563,198 shares.
To screen for more stocks like Senmiao Technology Ltd click here.
More About Senmiao Technology Ltd
Senmiao Technology Ltd is engaged in automobile transaction and related services comprised of facilitation of automobile transaction and financing where the company connects the prospective ride-hailing drivers to financial institutions to buy, or get financing on the purchase of, cars to be used to provide ride-hailing services; automobile sales where it procures new cars from dealerships and sell them to customers in the automobile financing facilitation business; automobile operating lease where it provides car rental services to individual customers to meet their personal needs with lease term no more than twelve months; and automobile financing where the company provide customers with auto finance solutions through financing leases.
Click Here to get the full Stock Score Report on Senmiao Technology Ltd (AIHS) Stock.
