The market has been high on 111 Inc - ADR (YI) stock recently. YI gets a Bullish score from InvestorsObserver's Stock Sentiment Indicator.
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 YI Stock Today?
111 Inc - ADR (YI) stock is trading at $14.02 as of 11:31 AM on Monday, Feb 8, a gain of $1.32, or 10.39% from the previous closing price of $12.70. The stock has traded between $12.50 and $14.14 so far today. Volume today is 631,466 compared to average volume of 537,852.
To see InvestorsObserver's Sentiment Score for 111 Inc - ADR click here.
More About 111 Inc - ADR
111 Inc is an online retail and wholesale pharmacies. It operates an integrated online and offline platform in the healthcare ecosystem in China. It is engaged in the sales of medical and wellness products through online retail and wholesale pharmacies and offline retail pharmacies, as well as provision of certain value-added services, such as online consultation services and e-prescription services to consumers in China. It manages operations into two segments: the B2C segment and the B2B segment.
Click Here to get the full Stock Score Report on 111 Inc - ADR (YI) Stock.
