CNFinance (NYSE:CNF) Shares Gap Down to $3.55
CNFinance Holdings Ltd (NYSE:CNF) gapped down before the market opened on Monday . The stock had previously closed at $3.55, but opened at $3.44. CNFinance shares last traded at $3.44, with a volume of 100 shares.
CNF has been the topic of a number of research analyst reports. began coverage on CNFinance in a report on Wednesday, June 10th. They issued a “buy” rating on the stock. Greenridge Global reiterated a “buy” rating and set a $5.50 target price on shares of CNFinance in a research note on Wednesday, June 10th.
The stock has a market capitalization of $235.73 million, a price-to-earnings ratio of 9.55 and a beta of 0.70. The company’s 50 day moving average is $3.46 and its 200 day moving average is $3.78. The company has a debt-to-equity ratio of 1.80, a quick ratio of 449.45 and a current ratio of 449.45.
CNFinance Company Profile (NYSE:CNF)
CNFinance Holdings Limited, through its subsidiaries, provides home equity loan services in the People's Republic of China. It offers micro credit loan services for micro and small-enterprise owners, and loan lending agency services for banks. The company also provides bridge loan products, which are unsecured short-term loans to pay off borrowers' existing loans secured by real property.
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