Scienjoy (NASDAQ:SJ) Director Sells $10,600.00 in Stock

Scienjoy Holding Corporation (NASDAQ:SJ) Director Yongsheng Liu sold 10,000 shares of the business’s stock in a transaction that occurred on Wednesday, June 10th. The shares were sold at an average price of $1.06, for a total value of $10,600.00. Following the transaction, the director owned 44,500 shares of the company’s stock, valued at approximately $47,170. This trade represents a 18.35% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

Yongsheng Liu also recently made the following trade(s):

• On Monday, June 8th, Yongsheng Liu sold 10,000 shares of Scienjoy stock. The shares were sold at an average price of $1.07, for a total value of $10,700.00.

Scienjoy Stock Performance

Shares of NASDAQ:SJ opened at $0.93 on Monday. The stock has a 50 day moving average of $1.17 and a 200 day moving average of $1.08. The company has a market cap of $36.63 million, a PE ratio of -0.48 and a beta of 0.81. Scienjoy Holding Corporation has a 12-month low of $0.45 and a 12-month high of $1.63.

Scienjoy (NASDAQ:SJ) last posted its quarterly earnings results on Thursday, May 21st. The company reported $0.03 earnings per share for the quarter. The business had revenue of $40.99 million during the quarter. Scienjoy had a negative net margin of 46.33% and a negative return on equity of 63.91%.

Hedge Funds Weigh In On Scienjoy

A hedge fund recently raised its stake in Scienjoy stock. Citadel Advisors LLC grew its position in Scienjoy Holding Corporation (NASDAQ:SJ) by 25.4% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 76,709 shares of the company’s stock after purchasing an additional 15,540 shares during the quarter. Citadel Advisors LLC owned approximately 0.20% of Scienjoy worth $49,000 as of its most recent filing with the Securities and Exchange Commission (SEC). 0.32% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings upgraded shares of Scienjoy from a “sell (d-)” rating to a “sell (d)” rating in a research report on Monday, June 1st. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock presently has an average rating of “Sell”.

Scienjoy Company Profile

Scienjoy Limited (NASDAQ: SJ) is a China-based interactive entertainment company that operates online social platforms and develops mobile gaming applications. The company’s core business centers on group video chat services and live-streaming products that facilitate multi-user interactions. Through its proprietary technologies, Scienjoy provides users with themed virtual rooms, interactive features such as filters and animations, and a range of monetization options including virtual gifting and membership subscriptions.

In addition to its social entertainment offerings, Scienjoy develops and publishes casual mobile games across Android and iOS platforms.