The market has been down on CLPS Inc (CLPS) stock recently. CLPS gets a Bearish score from InvestorsObserver's Stock 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.
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 CLPS Stock Today?
CLPS Inc (CLPS) stock is trading at $4.41 as of 10:13 AM on Thursday, Mar 11, a gain of $0.45, or 11.36% from the previous closing price of $3.96. The stock has traded between $4.05 and $4.53 so far today. Volume today is less active than usual. So far 390,043 shares have traded compared to average volume of 5,617,627 shares.
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More About CLPS Inc
CLPS Inc is an information technology consulting and solutions service provider focused on delivering services to global institutions in banking, insurance, and financial sectors, both in China and globally. Its products are Risk Control Platform, Transaction Acquiring Platform, Debt Collection Platform, Virtual Bank Training Platform, Credit Card System, and other related products. The company generates its revenue from IT consulting service, Customized IT solution service, and other. Generating a majority of its revenue from the IT consulting service.
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