Ambow Education Holding Ltd (AMBO) stock has risen 156.91% 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 AMBO Stock Today?
Ambow Education Holding Ltd (AMBO) stock is trading at $4.65 as of 3:17 PM on Tuesday, Sep 29, an increase of $0.56, or 13.69% from the previous closing price of $4.09. The stock has traded between $3.07 and $4.75 so far today. Volume today is high. So far 2,300,718 shares have traded compared to average volume of 922,802 shares.
To see InvestorsObserver's Sentiment Score for Ambow Education Holding Ltd click here.
More About Ambow Education Holding Ltd
Ambow Education Holding Ltd is a provider of educational and career enhancement services in China. Business activity of the firm is operated through two business divisions: Better Schools and Better Jobs. It operates through the following segments: K-12 Schools, Tutoring, Career Enhancement, and Others. The K-12 Schools segment includes the full-subject national curricula. The Tutoring segment comprises classroom-based teaching services and offers educational curriculum on web-based applications. The Career Enhancement segment focuses on Information Technology majors including software engineering, graphic design, digital media, and Internet technology. The Others segment refers to the intellectualized operational services. Geographically all the operations are functioned within China.
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