Leju Holdings Ltd (LEJU) stock has gained 66.67% over the past week and gets a Bullish rating from InvestorsObserver's Sentiment Indicator.
What is Stock Sentiment?
Sentiment uses short term technical analysis to gauge whether a stock is desired by investors. As a technical indicator, it focuses on recent trends as opposed to the long term health of the underlying company. Updates for the company such as a earnings release can move the stock away from current trends.
Price action is generally the best indicator of sentiment. For a stock to go up, investors must feel good about it. Similarly, a stock that is in a downtrend must be out of favor.
InvestorsObserver’s Sentiment Indicator considers price action and recent trends in volume. Increasing volumes often mean that a trend is strengthening, while decreasing volumes can signal that a reversal could come soon.
The options market is another place to get signals about sentiment. Since options allow investors to place bets on the price of a stock, we consider the ratio of calls and puts for stocks where options are available.
What's Happening With LEJU Stock Today?
Leju Holdings Ltd (LEJU) stock is higher by 27.97% while the S&P 500 has fallen -0.27% as of 10:54 AM on Friday, Jul 31. LEJU is higher by $1.06 from the previous closing price of $3.79 on volume of 1,635,726 shares. Over the past year the S&P 500 has gained 10.69% while LEJU is higher by 273.08%. LEJU earned $0.08 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 58.46.
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More About Leju Holdings Ltd
Leju Holdings Ltd is an online real estate services provider. The company, through its subsidiaries and consolidated variable interest entities, is principally engaged in providing online advertising, e-commerce services and listing services in the People's Republic of China. The company integrates its online platform with offline services to facilitate residential property transactions and home renovation transactions. It also operates various real estate and home furnishing websites of SINA. A majority of its revenues are concentrated in China's major urban centers including Beijing, Shanghai, Guangzhou, Chongqing, and Tianjin.
