9F (NASDAQ:JFU) Stock Falls 0.9% – Time to Sell?

9F Inc. Sponsored ADR (NASDAQ:JFU) was down 0.9% on Thursday. The company traded as low as $2.81 and last traded at $2.7850. Approximately 712 shares traded hands during trading, a decline of 77% from the average session volume of 3,101 shares. The stock had previously closed at $2.81.

Analyst Ratings Changes

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

9F Stock Down 2.1%

The company’s fifty day simple moving average is $2.57 and its 200-day simple moving average is $2.89.

About 9F

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.