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How is Hexindai Inc - ADR (HX) Stock's Recent Performance Affecting Investor's Feelings?

Tuesday, July 28, 2020 02:53 PM | InvestorsObserver Analysts

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How is Hexindai Inc - ADR (HX) Stock's Recent Performance Affecting Investor's Feelings?

Hexindai Inc - ADR (HX) stock is down 7.06% over the past week and gets a Neutral rating from InvestorsObserver's Sentiment Indicator.

Sentiment Score - ,neutral
Hexindai Inc - ADR has a Neutral sentiment reading. Find out what this means for you and get the rest of the rankings on HX!

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.

Price action is generally the best indicator of sentiment. For a stock to go up, investors must feel good about it. Similarly, a stock that is in a downtrend must be out of favor.

InvestorsObserver’s Sentiment Indicator considers price action and recent trends in volume. Increasing volumes often mean that a trend is strengthening, while decreasing volumes can signal that a reversal could come soon.

The options market is another place to get signals about sentiment. Since options allow investors to place bets on the price of a stock, we consider the ratio of calls and puts for stocks where options are available.

What's Happening With HX Stock Today?

Hexindai Inc - ADR (HX) stock has fallen -2.48% while the S&P 500 is unmoved 0% as of 2:50 PM on Tuesday, Jul 28. HX is lower by -$0.02 from the previous closing price of $0.81 on volume of 55,504 shares. Over the past year the S&P 500 has risen 7.23% while HX is lower by -64.73%. HX lost -$0.65 per share in the over the last 12 months.

To screen for more stocks like Hexindai Inc - ADR click here.

More About Hexindai Inc - ADR

Hexindai Inc is a consumer lending marketplace based in Beijing, China facilitating loans to meet the increasing consumption demand of the emerging middle class in China. The company provides borrowers with convenient and ready access to credit through its online marketplace. It offers borrowers products designed based on customer segmentation data and tailored to the specific needs of the emerging middle class in China by matching them with investors seeking various types of investment products with appropriate risk levels and risk-adjusted returns.

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