9F (NASDAQ:JFU) Shares Down 1.8% – What’s Next?

9F Inc. Sponsored ADR (NASDAQ:JFU) shares traded down 1.8% during mid-day trading on Wednesday . The stock traded as low as $4.35 and last traded at $4.49. 5,185 shares changed hands during trading, a decline of 7% from the average session volume of 5,566 shares. The stock had previously closed at $4.57.

Analysts Set New Price Targets

Separately, Weiss Ratings raised 9F from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Monday. One investment analyst has rated the stock with a Hold rating, According to MarketBeat.com, 9F presently has a consensus rating of “Hold”.

9F Trading Down 1.8%

The firm’s fifty day moving average is $4.28 and its 200 day moving average is $2.67.

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

9F Company Profile

9F Inc, together with its subsidiaries, operates internet securities service platform in the People's Republic of China. The company operates through three segments: Technology Empowerment Services, E-commerce business, and Wealth Management. Its products include digital financial accounts that offer online lending, wealth management, and payment facilitation services; revolving and non-revolving loan products to borrowers, as well as traffic referral services to financial institution partners; and a suite of online wealth management products, such as fixed income products, stocks, insurance, bank wealth management products, and mutual funds to investors in various platforms, including Wukong Licai, 9F Wallet, and 9F Puhui.