Overall market sentiment has been high on Jiayin Group Inc - ADR (JFIN) stock lately. JFIN receives a Bullish rating from InvestorsObserver's Stock 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 JFIN Stock Today?
Jiayin Group Inc - ADR (JFIN) stock is lower by -4.15% while the S&P 500 has risen 0.6% as of 2:47 PM on Friday, Dec 4. JFIN is down -$0.17 from the previous closing price of $4.10 on volume of 290,555 shares. Over the past year the S&P 500 is up 18.50% while JFIN is down -47.60%. JFIN earned $0.61 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 6.41.
More About Jiayin Group Inc - ADR
Jiayin Group Inc is an online individual finance marketplace in China. It connects individual investors and individual borrowers. The company is focused on the online individual finance segment which facilitates mid-to long-term loans. It generates revenues from fees charged for its services in matching investors and borrowers and for other services that the firm provides over the term of a loan. Geographically, the company generates a majority of its revenue from the People's Republic of China.