9F (NASDAQ:JFU) Trading Down 3.5% – Should You Sell?

9F Inc. Sponsored ADR (NASDAQ:JFU)’s share price fell 3.5% during trading on Monday . The company traded as low as $4.31 and last traded at $4.35. 5,059 shares changed hands during mid-day trading, a decline of 26% from the average session volume of 6,838 shares. The stock had previously closed at $4.51.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a “hold (c-)” rating on shares of 9F in a research report on Monday, December 29th. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, 9F has an average rating of “Hold”.

9F Stock Down 3.5%

The stock has a fifty day moving average price of $5.86 and a 200-day moving average price of $4.48.

9F (NASDAQ:JFU) last announced its quarterly earnings results on Friday, October 3rd. The company reported $9.30 earnings per share for the quarter. The company had revenue of $10.62 million during the quarter.

About 9F

9F Inc (NASDAQ: JFU) is a China-based financial technology company that provides a suite of online financial services aimed at individual and institutional investors. Leveraging proprietary risk management and data analytics capabilities, the company primarily engages in asset management, consumer finance, and supply chain finance. Its technology-driven platform enables users to access diversified investment products, manage credit risk, and participate in secondary market trading through an integrated digital interface.

The company’s product offerings include online wealth management solutions, microloans, small- and medium-enterprise (SME) financing, and credit management services.