Overall market sentiment has been neutral on 111 Inc - ADR (YI) stock lately. YI receives a Neutral rating from InvestorsObserver Stock Sentiment Indicator.
111 Inc - ADR has a Neutral sentiment reading. Find out what this means for you and get the rest of the rankings on YI!
When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. This means that earnings updates and other news can greatly impact overall sentiment.
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 YI Stock Today?
111 Inc - ADR (YI) stock is trading at $2.84 as of 2:43 PM on Tuesday, Feb 21, a loss of -$0.15, or -5.02% from the previous closing price of $2.99. The stock has traded between $2.80 and $3.04 so far today. Volume today is more active than usual. So far 200,801 shares have traded compared to average volume of 123,389 shares.
To see InvestorsObserver's Sentiment Score for 111 Inc - ADR click here.
More About 111 Inc - ADR
111 Inc is engaged in online retail and wholesale pharmacy. It operates an integrated online and offline platform in the healthcare ecosystem in China. It is engaged in the sales of medical and wellness products through online retail and wholesale pharmacies and offline retail pharmacies, as well as the provision of certain value-added services, such as online consultation services and e-prescription services to consumers in China. It manages operations into two segments: the B2C segment and the B2B segment. The B2B segment generates the vast majority of its revenue.
Click Here to get the full Stock Report for 111 Inc - ADR stock.
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