9F (NASDAQ:JFU) Stock Falls 1.5% – Here’s Why

9F Inc. Sponsored ADR (NASDAQ:JFU – Get Free Report)’s share price traded down 1.5% during mid-day trading on Thursday. The stock traded as low as $2.36 and last traded at $2.60. Approximately 3,443 shares traded hands during trading, an increase of 15% from the average daily volume of 2,990 shares. The stock had previously closed at $2.64.

Analyst Upgrades and Downgrades

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

Read Our Latest Analysis on JFU

9F Trading Down 1.5%

The firm has a fifty day moving average price of $2.69 and a 200-day moving average price of $2.79.

About 9F

(Get Free Report)

9F Inc (NASDAQ: JFU) is a China-based financial technology company that has provided online consumer finance and related financial services through internet-based platforms. Its activities have included connecting borrowers with financing providers, facilitating consumer loans, and offering technology-supported services for financial institutions and consumers.

The company has historically operated a range of digital financial products and services, including online lending, wealth-management solutions, payment-related services and insurance brokerage.

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