Overall market sentiment has been high on FinVolution Group - ADR (FINV) stock lately. FINV receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator.
FinVolution Group - ADR has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on FINV!
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.
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 FINV Stock Today?
FinVolution Group - ADR (FINV) stock is up 0.62% while the S&P 500 has fallen -0.62% as of 9:48 AM on Monday, Dec 5. FINV is higher by $0.03 from the previous closing price of $4.85 on volume of 318,045 shares. Over the past year the S&P 500 is down -11.87% while FINV has fallen -7.92%. FINV earned $1.15 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 4.26.
More About FinVolution Group - ADR
FinVolution Group is a provider of online consumer finance in China. It offers various loan products, making financial services available to borrowers anytime, anywhere; designs a loan transaction process, and offers Tailored risk-based pricing. It offers short-term loans to borrowers to meet immediate credit needs while allowing them to gradually establish their credit history through activities on the company's platform. The company provides investors with an opportunity to invest in emerging asset class-consumer loans through a variety of investment options. It generates revenues from fees charged to borrowers.
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