9F (NASDAQ:JFU) Releases Quarterly Earnings Results

9F (NASDAQ:JFU) released its earnings results on Friday. The company reported $0.96 EPS for the quarter, reports. The company had revenue of $5.79 million during the quarter.

9F Stock Up 7.0%

NASDAQ:JFU opened at $2.13 on Friday. 9F has a 1 year low of $1.98 and a 1 year high of $9.48. The stock’s 50 day simple moving average is $2.62 and its two-hundred day simple moving average is $3.22.

Wall Street Analyst Weigh In

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. According to MarketBeat, the company presently has an average rating of “Sell”.

About 9F

9F Inc is a China-based fintech company that provides digital financial services through online and mobile platforms. Its business has historically focused on connecting consumers with financial products, including consumer lending and other services offered through its technology ecosystem.

The company has operated platforms designed to support loan facilitation, wealth-management services and payments, using data and technology to improve access to financial products. Its services have primarily targeted consumers in China, although the scope of its operations may vary over time as the company adjusts its business strategy and regulatory approach.

9F Inc was founded in China and completed its initial public offering on the Nasdaq under the symbol JFU in 2019.