Is Lizhi Inc - ADR (LIZI) Stock About to Get Hot Friday?

Friday, September 30, 2022 02:37 PM | InvestorsObserver Analysts

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Is Lizhi Inc - ADR (LIZI) Stock About to Get Hot Friday?

The market has been down on Lizhi Inc - ADR (LIZI) stock recently. LIZI gets a Bearish score from InvestorsObserver Stock Sentiment Indicator.

Lizhi Inc - ADR has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on LIZI!

See Full LIZI Report

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. 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 LIZI Stock Today?

Lizhi Inc - ADR (LIZI) stock is trading at $0.59 as of 2:36 PM on Friday, Sep 30, a drop of -$0.01, or -2.46% from the previous closing price of $0.61. The stock has traded between $0.58 and $0.62 so far today. Volume today is 260,061 compared to average volume of 222,754. To screen for more stocks like Lizhi Inc - ADR click here.

More About Lizhi Inc - ADR

Lizhi Inc has built an audio ecosystem with a global presence consisting of audio-based social networks, podcast content portfolios and audio communities. The company aims to bring people closer together through voices by its product portfolios. It offers LIZHI App, an online UGC audio community, interactive audio entertainment platform and online audio platform in China. The group's revenues comprise audio entertainment revenue, podcast, advertising and other revenue. Click Here to get the full Stock Report for Lizhi Inc - ADR stock.