9F (NASDAQ:JFU) Stock Price Down 0.9% – What’s Next?

9F Inc. Sponsored ADR (NASDAQ:JFU)’s stock price traded down 0.9% during mid-day trading on Thursday. The stock traded as low as $2.81 and last traded at $2.7850. Approximately 712 shares were traded during mid-day trading, a decline of 77% from the average daily volume of 3,101 shares. The stock had previously closed at $2.81.

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed a “sell (d)” rating on shares of 9F in a research note on Friday, August 21st. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock has a consensus rating of “Sell”.

9F Stock Down 0.9%

The business’s fifty day moving average is $2.56 and its 200 day moving average is $2.89.

9F Company Profile

9F Inc is a China-based financial technology company that operated online platforms for consumer finance and related financial services. Its business activities have included connecting borrowers with financing providers, facilitating personal and small-business loans, and providing digital financial services through internet and mobile platforms.

The company has also been associated with online wealth-management, payment, insurance brokerage and other financial technology services. Its platforms were primarily focused on customers and business partners in China, with services designed to support digital access to financial products.

Founded in 2006 and formerly known as 9F Group, the company became publicly traded in the United States under the symbol JFU.