Scienjoy (NASDAQ:SJ) Director Yongsheng Liu Sells 10,000 Shares

Scienjoy Holding Corporation (NASDAQ:SJ) Director Yongsheng Liu sold 10,000 shares of the firm’s stock in a transaction dated Wednesday, June 10th. The shares were sold at an average price of $1.06, for a total value of $10,600.00. Following the transaction, the director owned 44,500 shares of the company’s stock, valued at $47,170. This trade represents a 18.35% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

Yongsheng Liu also recently made the following trade(s):

• On Monday, June 8th, Yongsheng Liu sold 10,000 shares of Scienjoy stock. The shares were sold at an average price of $1.07, for a total value of $10,700.00.

Scienjoy Price Performance

Shares of Scienjoy stock opened at $0.93 on Friday. The business has a 50-day moving average of $1.17 and a 200 day moving average of $1.07. Scienjoy Holding Corporation has a 12 month low of $0.45 and a 12 month high of $1.63. The stock has a market capitalization of $36.63 million, a price-to-earnings ratio of -0.48 and a beta of 0.81.

Scienjoy (NASDAQ:SJ) last announced its quarterly earnings data on Thursday, May 21st. The company reported $0.03 earnings per share (EPS) for the quarter. The business had revenue of $40.99 million during the quarter. Scienjoy had a negative return on equity of 63.91% and a negative net margin of 46.33%.

Wall Street Analyst Weigh In

Separately, Weiss Ratings upgraded Scienjoy from a “sell (d-)” rating to a “sell (d)” rating in a research note on Monday, June 1st. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company has an average rating of “Sell”.

Institutional Investors Weigh In On Scienjoy

An institutional investor recently raised its position in Scienjoy stock. Citadel Advisors LLC increased its holdings in shares of Scienjoy Holding Corporation (NASDAQ:SJ) by 25.4% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 76,709 shares of the company’s stock after purchasing an additional 15,540 shares during the quarter. Citadel Advisors LLC owned approximately 0.20% of Scienjoy worth $49,000 at the end of the most recent quarter. Institutional investors own 0.32% of the company’s stock.

Scienjoy Company Profile

Scienjoy Limited (NASDAQ: SJ) is a China-based interactive entertainment company that operates online social platforms and develops mobile gaming applications. The company’s core business centers on group video chat services and live-streaming products that facilitate multi-user interactions. Through its proprietary technologies, Scienjoy provides users with themed virtual rooms, interactive features such as filters and animations, and a range of monetization options including virtual gifting and membership subscriptions.

In addition to its social entertainment offerings, Scienjoy develops and publishes casual mobile games across Android and iOS platforms.