Overall market sentiment has been down on Q&K International Group Ltd - ADR (QK) stock lately. QK receives a Bearish rating from InvestorsObserver's Stock Sentiment Indicator.
What is Stock Sentiment?
When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. This means that earnings updates and other news can greatly impact overall sentiment.
Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish.
InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion.
For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.
What's Happening With QK Stock Today?
Q&K International Group Ltd - ADR (QK) stock is trading at $3.08 as of 2:36 PM on Tuesday, Dec 22, a loss of -$0.28, or -8.33% from the previous closing price of $3.36. The stock has traded between $2.80 and $3.73 so far today. Volume today is elevated. So far 88,382 shares have traded compared to average volume of 49,502 shares.
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More About Q&K International Group Ltd - ADR
Q&K International Group Ltd is engaged in providing an apartment rental platform in China. It leases apartments from landlords and transforms these apartments, into standardized furnished rooms to lease to people seeking residence in cities. The company cooperates with third parties, including professional home service providers, e-commerce companies, and other service providers to facilitate value-added services for its tenants.
Click Here to get the full Stock Score Report on Q&K International Group Ltd - ADR (QK) Stock.
