Overall market sentiment has been down on BEST Inc (BEST) stock lately. BEST receives a Bearish rating from InvestorsObserver's Stock Sentiment Indicator.
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.
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 BEST Stock Today?
BEST Inc (BEST) stock is higher by 7.45% while the S&P 500 is down -1.16% as of 11:42 AM on Tuesday, Sep 22. BEST is higher by $0.22 from the previous closing price of $3.02 on volume of 894,133 shares. Over the past year the S&P 500 has gained 9.67% while BEST is down -42.27%. BEST lost -$0.44 per share in the over the last 12 months.
To see InvestorsObserver's Sentiment Score for BEST Inc click here.
More About BEST Inc
BEST Inc is a supply chain company. It provides a New Retail platform which offers technology-enabled integrated solutions such as supply chain management, express delivery, freight, merchandise sourcing, cross-border supply chain, last-mile, financial and value-added services. The Group operates in five operating segments, Supply chain management services, Express delivery services, Freight delivery services, Store services, and Others. The Others category principally relates to cross-border logistic coordination services. Most of the firm's revenue gets derived from the Express delivery segment.
Click Here to get the full Stock Score Report on BEST Inc (BEST) Stock.
