Should You Buy Qiwi PLC (QIWI) Stock After it Is Lower By 10.92% in a Week?

Thursday, January 20, 2022 02:10 PM | InvestorsObserver Analysts

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Should You Buy Qiwi PLC (QIWI) Stock After it Is Lower By 10.92% in a Week?

The market has been down on Qiwi PLC (QIWI) stock recently. QIWI gets a Bearish score from InvestorsObserver Stock Sentiment Indicator.

Qiwi PLC has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on QIWI!

See Full QIWI Report

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 QIWI Stock Today?

Qiwi PLC (QIWI) stock is lower by -1.13% while the S&P 500 is up 1% as of 2:01 PM on Thursday, Jan 20. QIWI is down -$0.09 from the previous closing price of $7.50 on volume of 229,951 shares. Over the past year the S&P 500 has risen 20.51% while QIWI is down -29.80%. QIWI earned $3.32 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 2.24. To see InvestorsObserver's Sentiment Score for Qiwi PLC click here.

More About Qiwi PLC

QIWI PLC is engaged in operating electronic online payment systems in Russia, Kazakhstan, Moldova, Belarus, Romania, United Arab Emirates (UAE) and other countries and provides consumer and small and medium enterprises (SME) financial services. The company's segments include Payment Services; Consumer Financial Services; Rocketbank; and Corporate and Other. It generates maximum revenue from the Payment Services segment. Click Here to get the full Stock Report for Qiwi PLC stock.