Overall market sentiment has been high on Jiayin Group Inc - ADR (JFIN) stock lately. JFIN receives a Bullish rating from InvestorsObserver's Stock Sentiment Indicator.
What is Stock Sentiment?
Sentiment uses short term technical analysis to gauge whether a stock is desired by investors. As a technical indicator, it focuses on recent trends as opposed to the long term health of the underlying company. Updates for the company such as a earnings release can move the stock away from current trends.
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 JFIN Stock Today?
Jiayin Group Inc - ADR (JFIN) stock has gained 860.52% while the S&P 500 is lower by -0.78% as of 11:19 AM on Wednesday, Jun 10. JFIN has risen $25.39 from the previous closing price of $2.95 on volume of 11,407,040 shares. Over the past year the S&P 500 is higher by 11.10% while JFIN has risen 169.39%. JFIN earned $1.42 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 18.71.
More About Jiayin Group Inc - ADR
Jiayin Group Inc is an online individual finance marketplace in China. It connects individual investors and individual borrowers. The company is focused on the online individual finance segment which facilitates mid-to long-term loans. It generates revenues from fees charged for its services in matching investors and borrowers and for other services that the firm provides over the term of a loan. Geographically, the company generates a majority of its revenue from the People's Republic of China.