Overall market sentiment has been down on Uxin Ltd (UXIN) stock lately. UXIN receives a Bearish rating from InvestorsObserver Stock Sentiment Indicator.
Uxin Ltd has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on UXIN!
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 UXIN Stock Today?
Uxin Ltd (UXIN) stock is trading at $1.28 as of 1:38 PM on Friday, Oct 20, a loss of -$0.11, or -7.91% from the previous closing price of $1.39. The stock has traded between $1.23 and $1.39 so far today. Volume today is high. So far 90,175 shares have traded compared to average volume of 71,950 shares.
To see InvestorsObserver's Sentiment Score for Uxin Ltd click here.
More About Uxin Ltd
Uxin Ltd is an investment holding company. Along with its subsidiaries, the firm operates used car e-commerce platforms through its mobile applications and websites. It facilitates used car transaction services and financing solutions offered by third-party financing partners to buyers for their used car purchases. The company generates revenue through sales of the commission of salvage car sales, interest income of financial lease.
Click Here to get the full Stock Report for Uxin Ltd stock.
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