9F (NASDAQ:JFU) Stock Price Down 6% – What’s Next?

9F Inc. Sponsored ADR (NASDAQ:JFU)’s share price traded down 6% during mid-day trading on Monday . The company traded as low as $3.73 and last traded at $3.95. 4,720 shares were traded during trading, an increase of 142% from the average session volume of 1,949 shares. The stock had previously closed at $4.20.

Analysts Set New Price Targets

Separately, Weiss Ratings reissued a “hold (c-)” rating on shares of 9F in a research note on Monday, December 29th. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat.com, the stock has a consensus rating of “Hold”.

9F Price Performance

The firm has a fifty day moving average of $4.80 and a 200 day moving average of $4.79.

About 9F

9F Inc (NASDAQ: JFU) is a China-based financial technology company that provides a suite of online financial services aimed at individual and institutional investors. Leveraging proprietary risk management and data analytics capabilities, the company primarily engages in asset management, consumer finance, and supply chain finance. Its technology-driven platform enables users to access diversified investment products, manage credit risk, and participate in secondary market trading through an integrated digital interface.

The company’s product offerings include online wealth management solutions, microloans, small- and medium-enterprise (SME) financing, and credit management services.