The market has been down on Moxian Inc (MOXC) stock recently. MOXC gets a Bearish score 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.
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 MOXC Stock Today?
Moxian Inc (MOXC) stock is up 6.4% while the S&P 500 has fallen -1.63% as of 2:37 PM on Friday, Oct 23. MOXC is up $0.07 from the previous closing price of $1.15 on volume of 370,677 shares. Over the past year the S&P 500 has gained 14.06% while MOXC has fallen -35.11%. MOXC earned $0.03 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 45.32.
More About Moxian Inc
Moxian Inc is engaged in the O2O (Online-to-Offline) business. It serves small and medium sized enterprises (SMEs) with physical stores to conduct business online, interact with existing customers and obtain new ones. The company recognizes revenue from the sale of merchandise through its online platforms.