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 JFIN Stock Today?
Jiayin Group Inc - ADR (JFIN) stock is higher by 5.08% while the S&P 500 is down -0.65% as of 2:34 PM on Tuesday, Jan 16. JFIN is up $0.34 from the previous closing price of $6.61 on volume of 306,077 shares. Over the past year the S&P 500 has risen 19.08% while JFIN is up 119.94%. JFIN earned $3.81 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 1.82.
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More About Jiayin Group Inc - ADR
Jiayin Group Inc is a fintech platform in China committed to facilitating effective, transparent, secure and fast connections between underserved individual borrowers and financial institutions funding partners. The company focuses on facilitating mid-to-long-term consumer loans to generate returns and capture the financing needs of quality borrowers. The borrowers are typically creditworthy individuals with stable salary income and/or credit history but underserved by traditional financial institutions. The company generates a substantial majority of its revenues from service fees. As an online finance platform, the company do not use its own capital to invest in loans facilitated through its platform in Mainland China.
Click Here to get the full Stock Report for Jiayin Group Inc - ADR stock.
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