If you buy LexinFintech Holdings Ltd
Overall market sentiment was high for LexinFintech Holdings Ltd – ADR (LX) stock recently. LX receives a bullish rating of Investors Observers Stock sentiment indicator.
What is Stock Sentiment?
When making investment decisions, sentiment gives a good idea of what investors are currently favoring. Sentiment incorporates short-term technical analysis into its score and does not include any fundamental analysis such as company profitability. This means that income updates and other information can have a huge impact on overall sentiment.
Sentiment is what investors, or the market, feel about a stock. There are many ways to measure sentiment. Basically, the feeling is quite easy to understand. If a stock goes up, investors should be bullish, while if it goes down, sentiment is bearish.
Investors ObserverThe sentiment indicator examines price trends over the past week and also takes into account changes in volume. Increasing volume may mean that a trend is strengthening, while decreasing volume may mean that a trend is about to end.
For stocks that have options, our system also considers the balance between calls, which are often bets that the price will rise, and puts, which are often bets on the price falling.
What’s going on with LX Stock today?
LexinFintech Holdings Ltd – ADR (LX) stock is trading at $ 13.05 at 2:12 p.m. on Monday, February 22, a loss of $ 2.22, or -14.54% from the previous closing price of 15 , $ 27. The stock has traded between $ 12.93 and $ 14.40 so far today. The current volume is 4,158,438 against an average volume of 3,695,580.
Learn more about LexinFintech Holdings Ltd – ADR
LexinFintech Holdings Ltd is an online consumer credit platform. The group is mainly engaged in online direct selling services and online consumer credit services for its customers in China. It offers direct online sales with installment payment terms and offers installment loans and personal installment loans primarily through its retail and online consumer lending platform www.fenqile.com, and its mobile app at www.fenqile.com. young adults aged 18 to 36 in the People’s Republic of China. The company also finances loans with the proceeds of partnerships from peer-to-peer lending platforms, commercial banks and other financial institutions. Geographically, it derives income from China.