Headlines about Hexindai (NASDAQ:HX) have been trending somewhat positive on Monday, Accern reports. Accern ranks the sentiment of media 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 one, with scores nearest to one being the most favorable. Hexindai earned a news impact score of 0.07 on Accern’s scale. Accern also assigned press coverage about the company an impact score of 44.6263693131015 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
Separately, Sidoti initiated coverage on shares of Hexindai in a research report on Thursday. They issued a $18.00 price target for the company.
Shares of Hexindai (HX) traded down $0.05 during trading hours on Monday, hitting $11.17. 12,500 shares of the company traded hands, compared to its average volume of 114,903. Hexindai has a fifty-two week low of $10.86 and a fifty-two week high of $17.00.
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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