9F Inc. (NYSE:JFU)’s stock price reached a new 52-week low on Monday . The stock traded as low as $9.10 and last traded at $9.10, with a volume of 136 shares changing hands. The stock had previously closed at $9.60.
Separately, Credit Suisse Group began coverage on shares of 9F in a research note on Tuesday, October 8th. They issued a “neutral” rating and a $11.62 target price for the company.
The business has a 50-day simple moving average of $11.04.
An institutional investor recently bought a new position in 9F stock. Millennium Management LLC acquired a new position in shares of 9F Inc. (NYSE:JFU) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 51,685 shares of the company’s stock, valued at approximately $576,000.
9F Company Profile (NYSE:JFU)
9F Inc operates an online consumer finance platform that integrates and personalizes financial services in the People's Republic of China. It offers digital financial accounts; revolving and non-revolving loan products to borrowers, as well as traffic referral services to institutional funding partners; and a suite of online wealth management products, such as fixed income products, stocks, insurance, and mutual funds to investors in various platforms, including Wukong Licai, 9F Wallet, and 9F Puhui.
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