GSX Techedu Inc (GSX) stock has fallen 33.27% over the past week and gets a Bearish rating from InvestorsObserver's 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.
Changes in price are generally the best indicator of sentiment for a particular stock. At its core, a stock's trend indicates whether current market sentiment is bullish or bearish. Investors must be bullish if a stock is trending upward, and are bearish if a stock is moving down.
InvestorsObserver's Sentiment Indicator factors in both price changes and variations in volume. An increase in volume usually means a current trend is stengthening, while a drop in volume tends to signal a reversal to the ongoing trend.
Our system also uses the options market in order to receive additional signals on current sentiments. We take into account the ratio of calls and puts for a stock since options allow an investor to bet on future changes in price.
What's Happening With GSX Stock Today?
GSX Techedu Inc (GSX) stock is up 1.1% while the S&P 500 is down -1.63% as of 9:56 AM on Thursday, Oct 22. GSX is higher by $0.78 from the previous closing price of $71.23 on volume of 1,044,668 shares. Over the past year the S&P 500 has gained 14.38% while GSX is higher by 405.33%. GSX earned $0.20 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 355.85.
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More About GSX Techedu Inc
GSX Techedu Inc is a technology-driven education company with core expertise in online K-12 courses. Its K-12 courses cover all primary and secondary grades. It also offers foreign language, professional and interest courses. The company's segment includes provision of education services.
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