Shares of Pintec Technology Holdings Ltd. (NASDAQ:PT – Get Free Report) fell 1.5% on Wednesday. The company traded as low as $0.90 and last traded at $0.9283. Approximately 12,876 shares were traded during trading, a decline of 95% from the average daily volume of 243,928 shares. The stock had previously closed at $0.9421.
Pintec Technology Price Performance
The firm has a 50-day moving average of $0.94 and a 200-day moving average of $0.98.
Pintec Technology Company Profile
Pintec Technology Holdings Limited is a financial technology company that develops technology-driven lending and financial services solutions. Its platform is designed to help connect consumers and small businesses seeking financing with banks, consumer finance companies and other financial institutions.
The company’s services have included loan origination and facilitation, borrower acquisition, credit assessment, risk management, data analytics and loan servicing. By providing technology and operational support, Pintec seeks to help financial institutions improve the efficiency of their lending activities while expanding access to credit for eligible borrowers.
Pintec was established in China and has primarily focused on serving participants in the Chinese financial services market.
Featured Stories
- Five stocks we like better than Pintec Technology
- AST SpaceMobile’s BlueBird Progress Comes With Several Risks Still Unresolved
- Time to Nibble on MCD Stock After it Enters Oversold Territory?
- McCormick Stock Trades Cheap, Offers Dividend Growth and Unilever Deal Upside
- Corning and AT&T’s $3 Billion Fiber Deal Reveals Where AI Spending Goes Next
Receive News & Ratings for Pintec Technology Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pintec Technology and related companies with MarketBeat.com's FREE daily email newsletter.
