China Internet Nationwide Fncl Srvcs Inc (NASDAQ:CIFS) was down 2.2% during mid-day trading on Wednesday . The stock traded as low as $0.90 and last traded at $0.90, approximately 263 shares changed hands during trading. A decline of 100% from the average daily volume of 903,674 shares. The stock had previously closed at $0.92.
Separately, ValuEngine cut China Internet Nationwide Fncl Srvcs from a “buy” rating to a “hold” rating in a research note on Thursday, November 14th.
The company has a 50 day simple moving average of $0.99 and a 200-day simple moving average of $1.62.
China Internet Nationwide Fncl Srvcs Company Profile (NASDAQ:CIFS)
China Internet Nationwide Financial Services Inc provides financial advisory services to small-to-medium sized enterprises in the People's Republic of China. The company offers commercial payment advisory services, international corporate financing advisory services, intermediary bank loan advisory services, and Internet information services.
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