9F Inc. Sponsored ADR (NASDAQ:JFU – Get Free Report)’s share price dropped 0.4% during mid-day trading on Wednesday . The company traded as low as $2.45 and last traded at $2.4410. 1,753 shares changed hands during mid-day trading, a decline of 33% from the average daily volume of 2,631 shares. The stock had previously closed at $2.45.
Analyst Ratings Changes
Separately, Weiss Ratings cut shares of 9F from a “hold (c-)” rating to a “sell (d)” rating in a research note on Tuesday, May 26th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, 9F currently has an average rating of “Sell”.
Read Our Latest Stock Report on JFU
9F Trading Down 0.8%
About 9F
9F Inc (NASDAQ: JFU) is a China-based financial technology company that provides a suite of online financial services aimed at individual and institutional investors. Leveraging proprietary risk management and data analytics capabilities, the company primarily engages in asset management, consumer finance, and supply chain finance. Its technology-driven platform enables users to access diversified investment products, manage credit risk, and participate in secondary market trading through an integrated digital interface.
The company’s product offerings include online wealth management solutions, microloans, small- and medium-enterprise (SME) financing, and credit management services.
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