9F Inc. Sponsored ADR (NASDAQ:JFU – Get Free Report) fell 0.9% during mid-day trading on Thursday. The stock traded as low as $2.81 and last traded at $2.7850. Approximately 712 shares changed hands during trading, a decline of 77% from the average session volume of 3,101 shares. The stock had previously closed at $2.81.
Analyst Ratings Changes
Separately, Weiss Ratings reissued a “sell (d)” rating on shares of 9F in a research report on Friday, August 21st. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company has an average rating of “Sell”.
9F Trading Down 0.9%
About 9F
9F Inc is a China-based financial technology company that operated online platforms for consumer finance and related financial services. Its business activities have included connecting borrowers with financing providers, facilitating personal and small-business loans, and providing digital financial services through internet and mobile platforms.
The company has also been associated with online wealth-management, payment, insurance brokerage and other financial technology services. Its platforms were primarily focused on customers and business partners in China, with services designed to support digital access to financial products.
Founded in 2006 and formerly known as 9F Group, the company became publicly traded in the United States under the symbol JFU.
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