Overall market sentiment has been high on Jianpu Technology Inc - ADR (JT) stock lately. JT receives a Bullish rating from InvestorsObserver's Stock Sentiment Indicator.
What is Stock Sentiment?
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 JT Stock Today?
Jianpu Technology Inc - ADR (JT) stock is trading at $2.81 as of 2:37 PM on Tuesday, Dec 22, a drop of -$0.16, or -5.39% from the previous closing price of $2.97. The stock has traded between $2.71 and $2.93 so far today. Volume today is 222,943 compared to average volume of 193,212.
To see the top 5 stocks in the Credit Services industry click here.
More About Jianpu Technology Inc - ADR
Jianpu Technology Inc is an independent open platform for providing online discovery and recommendation services for financial products in China. The company provides users with personalized search results and recommendations services such as loan applications, credit card services, and advertising and marketing services to its financial needs and credit profile. The individual users have access to financial products through the platform, including credit cards, and wealth management products. In addition, it also offers data risk management solutions to financial service providers which help in application approval, fraud detection and prevention and other credit underwriting processes. The company generates revenues from fees charged for services for loan products.
Click Here to get the full Stock Score Report on Jianpu Technology Inc - ADR (JT) Stock.
