The market has been down on FinVolution Group - ADR (FINV) stock recently. FINV gets a Bearish score from InvestorsObserver Stock Sentiment Indicator.
FinVolution Group - ADR has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on FINV!
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.
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 FINV Stock Today?
FinVolution Group - ADR (FINV) stock is trading at $4.49 as of 10:00 AM on Friday, Jan 21, a decline of -$0.07, or -1.54% from the previous closing price of $4.56. The stock has traded between $4.47 and $4.65 so far today. Volume today is light. So far 83,858 shares have traded compared to average volume of 1,206,965 shares.
To see InvestorsObserver's Sentiment Score for FinVolution Group - ADR click here.
More About FinVolution Group - ADR
FinVolution Group is a provider of online consumer finance in China. It offers various loan products, making financial services available to borrowers anytime, anywhere; designs a loan transaction process, and offers Tailored risk-based pricing. It offers short-term loans to borrowers to meet immediate credit needs while allowing them to gradually establish their credit history through activities on the company's platform. The company provides investors with an opportunity to invest in emerging asset class-consumer loans through a variety of investment options. It generates revenues from fees charged to borrowers.
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