Pintec Technology Holdings Ltd. (NASDAQ:PT – Get Free Report)’s share price dropped 1.5% during mid-day trading on Wednesday. The stock traded as low as $0.90 and last traded at $0.9283. 12,876 shares changed hands during mid-day trading, a decline of 95% from the average session volume of 243,928 shares. The stock had previously closed at $0.9421.
Pintec Technology Trading Down 1.5%
The firm’s 50-day moving average is $0.94 and its 200 day moving average is $0.98.
About Pintec Technology
Pintec Technology Holdings Limited is a financial technology company that develops technology-driven lending and financial services solutions. Its platform is designed to help connect consumers and small businesses seeking financing with banks, consumer finance companies and other financial institutions.
The company’s services have included loan origination and facilitation, borrower acquisition, credit assessment, risk management, data analytics and loan servicing. By providing technology and operational support, Pintec seeks to help financial institutions improve the efficiency of their lending activities while expanding access to credit for eligible borrowers.
Pintec was established in China and has primarily focused on serving participants in the Chinese financial services market.
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