LAIX Inc (LAIX) stock has risen 13.43% over the past week and gets a Bullish rating from InvestorsObserver's 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.
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 LAIX Stock Today?
LAIX Inc (LAIX) stock is trading at $2.45 as of 3:36 PM on Monday, Oct 26, a gain of $0.12, or 5.15% from the previous closing price of $2.33. The stock has traded between $2.35 and $2.54 so far today. Volume today is elevated. So far 204,663 shares have traded compared to average volume of 59,648 shares.
More About LAIX Inc
LAIX Inc is a Chinese artificial intelligence (AI) company that creates and delivers products and services to popularize English learning. The company offers its products and services on-demand via mobile apps. Its offerings include two types of prepaid course packages, namely prepaid standard courses and prepaid multiple course packages. Its DongNi English standard courses constitute prepaid standard courses, while premium services are provided in the form of prepaid multiple course packages, including prepaid standard courses and course credits for one-to-one tutoring sessions with contract human teachers.