The market has been high on Jiayin Group Inc - ADR (JFIN) stock recently. JFIN gets a Bullish score from InvestorsObserver Stock Sentiment Indicator.
Jiayin Group Inc - ADR has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on JFIN!
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.
Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive.
InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend.
Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .
What's Happening With JFIN Stock Today?
Jiayin Group Inc - ADR (JFIN) stock is down -6.76% while the S&P 500 is up 0.28% as of 10:53 AM on Tuesday, Jun 6. JFIN is lower by -$0.54 from the previous closing price of $8.00 on volume of 198,633 shares. Over the past year the S&P 500 is higher by 3.98% while JFIN is up 294.71%. JFIN earned $3.09 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 2.39.
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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.
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