Pintec Technology (NASDAQ:PT) Trading Up 5.5%
Pintec Technology Holdings Ltd (NASDAQ:PT)’s stock price was up 5.5% during trading on Tuesday . The stock traded as high as $4.05 and last traded at $4.01, approximately 320,081 shares traded hands during mid-day trading. An increase of 207% from the average daily volume of 104,404 shares. The stock had previously closed at $3.80.
The company has a debt-to-equity ratio of 0.02, a current ratio of 1.73 and a quick ratio of 1.73. The firm has a 50 day simple moving average of $3.35.
A hedge fund recently bought a new stake in Pintec Technology stock. Norges Bank purchased a new stake in Pintec Technology Holdings Ltd (NASDAQ:PT) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 16,263 shares of the company’s stock, valued at approximately $155,000. 0.15% of the stock is currently owned by hedge funds and other institutional investors.
Pintec Technology Holdings Limited, through with its subsidiaries, engages in the operation of an online technology platform that enables financial services 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.
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