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Puxin Ltd (NEW) Stock: What Does the Chart Say Thursday?

Thursday, October 14, 2021 10:02 AM | InvestorsObserver Analysts

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Puxin Ltd (NEW) Stock: What Does the Chart Say Thursday?

The market has been high on Puxin Ltd (NEW) stock recently. NEW gets a Bullish score from InvestorsObserver Stock Sentiment Indicator.

Sentiment Score - ,bullish
Puxin Ltd has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on NEW!

What is Stock Sentiment?

Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score. As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend. 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 NEW Stock Today?

Puxin Ltd (NEW) stock is lower by -9.74% while the S&P 500 is up 1.02% as of 9:59 AM on Thursday, Oct 14. NEW is lower by -$0.05 from the previous closing price of $0.56 on volume of 1,015,504 shares. Over the past year the S&P 500 is higher by 25.53% while NEW is lower by -94.29%. NEW earned $0.08 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 6.73. To see InvestorsObserver's Sentiment Score for Puxin Ltd click here.

More About Puxin Ltd

Puxin Ltd provides education services. The company's segments consist of K-12 tutoring services and Study abroad tutoring services. Its K-12 tutoring services provide result-oriented educational services in group class settings and through personalized tutoring sessions as well as study plan tailored to fit a student's aptitude, grade level, past academic performance, future academic goals, and other pertinent factors. Study abroad tutoring services are designed to help students prepare for admission tests and applications for high schools, universities and graduate programs primarily in English-speaking countries. It generates a majority of its revenue from the K-12 tutoring services segment. Click Here to get the full Stock Report for Puxin Ltd stock.

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