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 that occurred on Wednesday, June 10th. The shares were sold at an average price of $1.06, for a total value of $10,600.00. Following the completion of the sale, the director directly owned 44,500 shares in the company, valued at approximately $47,170. The trade was a 18.35% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this link.

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 Trading Up 1.4%

SJ traded up $0.02 during trading on Friday, hitting $1.07. The company’s stock had a trading volume of 59,769 shares, compared to its average volume of 66,454. Scienjoy Holding Corporation has a twelve month low of $0.45 and a twelve month high of $1.63. The business’s fifty day simple moving average is $1.18 and its 200 day simple moving average is $1.08. The firm has a market capitalization of $42.11 million, a price-to-earnings ratio of -0.55 and a beta of 0.81.

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

Institutional Investors Weigh In On Scienjoy

An institutional investor recently raised its position in Scienjoy stock. Citadel Advisors LLC raised its holdings in Scienjoy Holding Corporation (NASDAQ:SJ) by 25.4% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 76,709 shares of the company’s stock after purchasing an additional 15,540 shares during the quarter. Citadel Advisors LLC owned 0.20% of Scienjoy worth $49,000 as of its most recent SEC filing. 0.32% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

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

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.