Is Xunlei Ltd (XNET) Stock About to Get Hot Monday?

Xunlei Ltd (XNET) stock is up 9.46% over the past week and gets a Bullish rating from InvestorsObserver Sentiment Indicator.

Xunlei Ltd has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on XNET!

See Full XNET Report

What is Stock Sentiment?

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. Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish. InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion. For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.

What's Happening With XNET Stock Today?

Xunlei Ltd (XNET) stock is up 2.13% while the S&P 500 is lower by -0.05% as of 1:20 PM on Monday, Nov 27. XNET is up $0.03 from the previous closing price of $1.59 on volume of 80,351 shares. Over the past year the S&P 500 is up 14.96% while XNET is lower by -4.71%. XNET earned $0.24 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 6.71. To screen for more stocks like Xunlei Ltd click here.

More About Xunlei Ltd

Xunlei Ltd is a cloud based acceleration technology company in China. The company operates a powerful internet platform in China based on cloud computing to provide users with quick and easy access to digital media content through its products and services, Xunlei Accelerator and cloud acceleration subscription services. It is increasingly extending into mobile devices in part through potentially re-installed acceleration products in mobile phones. Benefiting from the large user base accumulated by Xunlei Accelerator, Xunlei has further developed various value added services to meet a fuller spectrum of its users' digital media content access and consumption needs. Click Here to get the full Stock Report for Xunlei Ltd stock.