The market has been down on Uxin Ltd (UXIN) stock recently. UXIN gets a Bearish score from InvestorsObserver Stock Sentiment Indicator.
Uxin Ltd has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on UXIN!
What is Stock Sentiment?
Sentiment uses short term technical analysis to gauge whether a stock is desired by investors. As a technical indicator, it focuses on recent trends as opposed to the long term health of the underlying company. Updates for the company such as a earnings release can move the stock away from current trends.
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 down -7.18% while the S&P 500 is up 1.57% as of 12:56 PM on Thursday, Dec 2. UXIN has fallen -$0.14 from the previous closing price of $1.95 on volume of 1,258,042 shares. Over the past year the S&P 500 is higher by 25.16% while UXIN is up 32.12%. UXIN lost -$0.28 per share in the over the last 12 months.
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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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