Gridsum Holding Inc - ADR (GSUM) stock is up 2.35% over the past week and gets a Bearish rating from InvestorsObserver's Sentiment Indicator.
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.
Recent trends are a good indator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive.
InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend.
Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .
What's Happening With GSUM Stock Today?
Gridsum Holding Inc - ADR (GSUM) stock is up 3.58% while the S&P 500 is down -0.97% as of 2:16 PM on Friday, Jul 24. GSUM is up $0.03 from the previous closing price of $0.84 on volume of 241,218 shares. Over the past year the S&P 500 is up 6.11% while GSUM is down -71.29%. GSUM lost -$2.27 per share in the over the last 12 months.
To see InvestorsObserver's Sentiment Score for Gridsum Holding Inc - ADR click here.
More About Gridsum Holding Inc - ADR
Gridsum Holding Inc is a provider of cloud-based big-data analytics and AI solutions for multinational and domestic enterprises and government agencies in China. The company offers solutions for marketing automation, e-government, new media, information discovery, and visualization.
