Overall market sentiment has been down on KBS Fashion Group Ltd (KBSF) stock lately. KBSF receives a Bearish rating 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.
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 KBSF Stock Today?
KBS Fashion Group Ltd (KBSF) stock is trading at $2.35 as of 1:05 PM on Tuesday, Aug 4, a rise of $0.05, or 2.17% from the previous closing price of $2.30. The stock has traded between $2.31 and $2.45 so far today. Volume today is low. So far 24,226 shares have traded compared to average volume of 167,923 shares.
To see InvestorsObserver's Sentiment Score for KBS Fashion Group Ltd click here.
More About KBS Fashion Group Ltd
KBS Fashion Group Ltd is engaged in the apparel industry in China. It is a casual menswear company in China engaged in designing, marketing, and selling its own line of fashion menswear. The company operates in three segments: Wholesale, Retail, and Subcontracting. It generates maximum revenue from the Wholesale segment. Geographically, it operates and derives revenue from PRC. Its products include men's apparel, footwear, and accessories targeting urban males in Tier II and Tier III cities in China.
