News headlines about Hexindai (NASDAQ:HX) have been trending positive this week, according to Accern Sentiment. The research firm identifies positive and negative news coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Hexindai earned a daily sentiment score of 0.26 on Accern’s scale. Accern also gave media stories about the company an impact score of 44.8809521484063 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
Separately, Sidoti started coverage on shares of Hexindai in a research report on Thursday, December 14th. They issued a $18.00 target price for the company.
Shares of Hexindai (NASDAQ:HX) traded up $0.06 on Wednesday, reaching $10.86. 40,400 shares of the company were exchanged, compared to its average volume of 128,560. Hexindai has a 12-month low of $10.80 and a 12-month high of $17.00.
Hexindai Company Profile
Hexindai Inc is a consumer lending company. The Company is focused on offering borrowers a range of products designed-based on customer segmentation data and tailored to the specific needs of the emerging middle class in China. The Company also offers five tailored loan products such as Provident Fund Loans, Property-Owner Loans, Car-Owner Loans, Insurance-Holder Loans, and Premier Customer Loans.
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