Scienjoy (NASDAQ:SJ) Stock Price Breaks Above 200 Day Moving Average – Here’s Why

Scienjoy Holding Corporation (NASDAQ:SJ – Get Free Report)’s share price passed above its 200-day moving average during trading on Wednesday. The stock has a 200-day moving average of $1.05 and traded as high as $1.14. Scienjoy shares last traded at $1.08, with a volume of 67,137 shares changing hands.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of Scienjoy in a research report on Friday, September 11th. One equities research analyst has rated the stock with a Sell rating. According to data from MarketBeat, the company has an average rating of “Sell”.

View Our Latest Stock Report on Scienjoy

Scienjoy Price Performance

The stock has a market cap of $42.70 million, a price-to-earnings ratio of -0.54 and a beta of 0.70. The stock’s 50 day simple moving average is $0.84 and its two-hundred day simple moving average is $1.05.

Scienjoy Company Profile

(Get Free Report)

Scienjoy Holding Corporation (NASDAQ: SJ) is a China-based technology and entertainment company focused on live-streaming and social media services. Through its platforms, the company provides interactive online video and audio experiences that allow users to watch live broadcasts, communicate with hosts and other viewers, and participate in virtual entertainment activities. The company’s business has included mobile and online applications for live streaming, social networking, and digital entertainment.

Further Reading

Receive News & Ratings for Scienjoy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Scienjoy and related companies with MarketBeat.com's FREE daily email newsletter.