Pintec Technology (NASDAQ:PT) Stock Price Up 1.3% – Time to Buy?

Pintec Technology Holdings Ltd. (NASDAQ:PTGet Free Report) rose 1.3% during trading on Wednesday . The company traded as high as $0.87 and last traded at $0.86. Approximately 132,709 shares changed hands during trading, a decline of 49% from the average daily volume of 259,925 shares. The stock had previously closed at $0.85.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of Pintec Technology in a research note on Wednesday. One research analyst has rated the stock with a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Reduce”.

Get Our Latest Stock Report on PT

Pintec Technology Stock Up 1.3%

The firm’s 50-day moving average price is $0.96 and its two-hundred day moving average price is $0.96.

Pintec Technology Company Profile

(Get Free Report)

Pintec Technology Holdings Limited, together with its subsidiaries, engages in the provision of technology-enabled financial and digital services to the ecosystem of MSMEs and SMEs in the People’s Republic of China. The company connects business partners and financial partners on its open platform and enables them to provide financial services to end users.

Recommended Stories

Receive News & Ratings for Pintec Technology Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pintec Technology and related companies with MarketBeat.com's FREE daily email newsletter.