Pintec Technology (NASDAQ:PT) Stock Price Up 1.1% – Still a Buy?

Pintec Technology Holdings Ltd. (NASDAQ:PT – Get Free Report)’s share price was up 1.1% during mid-day trading on Wednesday. The company traded as high as $0.93 and last traded at $0.93. Approximately 1,097 shares traded hands during trading, a decline of 100% from the average daily volume of 243,928 shares. The stock had previously closed at $0.92.

Pintec Technology Trading Up 1.1%

The business has a fifty day moving average of $0.95 and a 200 day moving average of $0.98.

About Pintec Technology

(Get Free Report)

Pintec Technology Holdings Limited is a Chinese fintech company that provides technology-enabled financial services through an open platform. The company has focused on using data analytics, artificial intelligence and other technology to support lending, wealth management and related financial activities.

Its services have included consumer and small-business lending solutions, wealth-management products and technology services for financial institutions and other business partners. Pintec’s platform is designed to connect consumers and borrowers with financial products while helping partner institutions improve customer acquisition, risk assessment, credit decision-making and loan servicing.

Founded in 2012 and headquartered in China, Pintec has primarily served the Chinese market through partnerships with banks, consumer-finance companies, wealth-management providers and other financial institutions.

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