Fuwei Films (Holdings) Co Ltd (FFHL) stock is higher by 21.32% over the past week and gets a Bullish rating from InvestorsObserver's Sentiment Indicator.
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.
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 FFHL Stock Today?
Fuwei Films (Holdings) Co Ltd (FFHL) stock is trading at $6.43 as of 3:33 PM on Tuesday, Nov 24, a gain of $0.87, or 15.56% from the previous closing price of $5.56. The stock has traded between $5.70 and $7.19 so far today. Volume today is more active than usual. So far 463,297 shares have traded compared to average volume of 55,764 shares.
More About Fuwei Films (Holdings) Co Ltd
Fuwei Films (Holdings) Co Ltd develops, manufactures, and distributes plastic film using the biaxially-oriented stretch technique, otherwise known as Bopet film. Its products include a printing base film, stamping foil base film, metallized film, high gloss film, heat-sealable film, etc. The firm's products are used in consumer-based packaging, imaging, electronics, and electrical industries as well as in magnetic products. It markets its products under the brand name of Fuwei. The company generates the majority of its revenues from China.