China Internet Nationwide Fncl Srvcs Inc (NASDAQ:CIFS) shot up 6.7% on Friday . The company traded as high as $1.66 and last traded at $1.60, 197,700 shares were traded during mid-day trading. A decline of 81% from the average session volume of 1,066,400 shares. The stock had previously closed at $1.50.
Separately, ValuEngine raised China Internet Nationwide Fncl Srvcs from a “hold” rating to a “buy” rating in a report on Wednesday, October 2nd.
The business has a fifty day simple moving average of $1.77 and a 200 day simple moving average of $2.18.
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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