What is the Market's View on Lizhi Inc - ADR (LIZI) Stock's Price and Volume Trends Thursday?

Thursday, October 19, 2023 03:08 PM | InvestorsObserver Analysts

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What is the Market's View on Lizhi Inc - ADR (LIZI) Stock's Price and Volume Trends Thursday?

Overall market sentiment has been high on Lizhi Inc - ADR (LIZI) stock lately. LIZI receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator.

Lizhi Inc - ADR has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on LIZI!

See Full LIZI Report

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. 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 LIZI Stock Today?

Lizhi Inc - ADR (LIZI) stock is higher by 7.26% while the S&P 500 has fallen -0.65% as of 3:05 PM on Thursday, Oct 19. LIZI is up $0.27 from the previous closing price of $3.68 on volume of 245,836 shares. Over the past year the S&P 500 is higher by 15.23% while LIZI has fallen -15.96%. LIZI earned $29.34 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 0.13. To see InvestorsObserver's Sentiment Score for Lizhi Inc - ADR click here.

More About Lizhi Inc - ADR

Lizhi Inc has built an audio ecosystem with a global presence consisting of audio-based social networks, podcast content portfolios and audio communities. The company aims to bring people closer together through voices by its product portfolios. It offers LIZHI App, an online UGC audio community, interactive audio entertainment platform and online audio platform in China. The group's revenues comprise audio entertainment revenue, podcast, advertising and other revenue. Click Here to get the full Stock Report for Lizhi Inc - ADR stock.