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.
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 GDS Stock Today?
GDS Holdings Ltd - ADR (GDS) stock is trading at $10.59 as of 12:39 PM on Thursday, Jun 1, a gain of $0.83, or 8.5% from the previous closing price of $9.76. The stock has traded between $9.85 and $10.63 so far today. Volume today is less active than usual. So far 591,925 shares have traded compared to average volume of 1,357,231 shares.
To see InvestorsObserver's Sentiment Score for GDS Holdings Ltd - ADR click here.
More About GDS Holdings Ltd - ADR
GDS Holdings started as an IT service provider in 2001 then moved to the data center business with its first self-developed data center opening in 2010. The company now develops and operates data centers in China and also builds, operates and transfers data centers for other clients. It offers colocation and managed services and mainly targets hyperscale cloud service customers who take large areas of its data centers or even whole data centers under long-term contracts. It has aggressively raised capital over the past four years for expansion. Its data centers are located predominantly in and around the Tier 1 cities in China and it has also started an expansion plan into Southeast Asia. GDS listed on the NASDAQ in 2016 and completed a secondary listing in Hong Kong in 2020.
Click Here to get the full Stock Report for GDS Holdings Ltd - ADR stock.
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