Overall market sentiment has been high on Jiuzi Holdings Inc (JZXN) stock lately. JZXN receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator.
Jiuzi Holdings Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on JZXN!
In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company.
Changes in price are generally the best indicator of sentiment for a particular stock. At its core, a stock's trend indicates whether current market sentiment is bullish or bearish. Investors must be bullish if a stock is trending upward, and are bearish if a stock is moving down.
InvestorsObserver's Sentiment Indicator factors in both price changes and variations in volume. An increase in volume usually means a current trend is stengthening, while a drop in volume tends to signal a reversal to the ongoing trend.
Our system also uses the options market in order to receive additional signals on current sentiments. We take into account the ratio of calls and puts for a stock since options allow an investor to bet on future changes in price.
What's Happening With JZXN Stock Today?
Jiuzi Holdings Inc (JZXN) stock is trading at $1.07 as of 10:47 AM on Friday, Sep 15, a drop of -$0.09, or -8.19% from the previous closing price of $1.16. Volume today is elevated. So far 1,550,511 shares have traded compared to average volume of 123,592 shares. The stock has traded between $1.06 and $1.33 so far today.
To screen for more stocks like Jiuzi Holdings Inc click here.
More About Jiuzi Holdings Inc
Jiuzi Holdings Inc operates as a franchise under the brand name Jiuzi. It sells new energy vehicles in third-fourth tier cities in China. The firm also sells plug-in electric vehicles on-demand from vehicle buyers. Its business segments are sales of NEVs and franchise services. The company generates a majority of its revenue from franchisee's service. Geographically, the firm operates in China.
Click Here to get the full Stock Report for Jiuzi Holdings Inc stock.
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