Overall market sentiment has been high on Uxin Ltd (UXIN) stock lately. UXIN receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator.
Uxin Ltd has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on UXIN!
What is Stock Sentiment?
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.
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 UXIN Stock Today?
Uxin Ltd (UXIN) stock is trading at $3.66 as of 10:57 AM on Friday, Jul 30, a loss of -$0.12, or -3.05% from the previous closing price of $3.77. The stock has traded between $3.30 and $3.73 so far today. Volume today is below average. So far 2,930,857 shares have traded compared to average volume of 4,589,002 shares.
More About Uxin Ltd
Uxin Ltd is an investment holding company. Along with its subsidiaries, the firm operates used car e-commerce platforms through its mobile applications and websites. It facilitates used car transaction services and financing solutions offered by third-party financing partners to buyers for their used car purchases. The company generates revenue through sales of the commission of salvage car sales, interest income of financial lease.
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