9F (NASDAQ:JFU) Issues Quarterly Earnings Results

9F (NASDAQ:JFU) posted its quarterly earnings results on Friday. The company reported $0.96 EPS for the quarter, FiscalAI reports. The company had revenue of $5.79 million during the quarter.

9F Stock Performance

9F stock traded up $0.14 during trading on Friday, reaching $2.13. 2,790 shares of the company were exchanged, compared to its average volume of 10,189. The stock’s 50 day simple moving average is $2.62 and its two-hundred day simple moving average is $3.22. 9F has a 52-week low of $1.98 and a 52-week high of $9.48.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reissued a “sell (d)” rating on shares of 9F in a report on Friday, August 21st. One investment analyst has rated the stock with a Sell rating. Based on data from MarketBeat, the company currently has an average rating of “Sell”.

About 9F

9F Inc is a China-based fintech company that provides digital financial services through online and mobile platforms. Its business has historically focused on connecting consumers with financial products, including consumer lending and other services offered through its technology ecosystem.

The company has operated platforms designed to support loan facilitation, wealth-management services and payments, using data and technology to improve access to financial products. Its services have primarily targeted consumers in China, although the scope of its operations may vary over time as the company adjusts its business strategy and regulatory approach.

9F Inc was founded in China and completed its initial public offering on the Nasdaq under the symbol JFU in 2019.