In the last trading session, 8,994,064 shares of the 9F Inc.(NASDAQ:JFU) were traded, and its beta was 0. Most recently the company’s share price was $2.21, and it changed around -$0.54 or -0.19% from the last close, which brings the market valuation of the company to $432.35 Million. JFU currently trades at a discount to its 52-week high of $9.99, offering almost -352.04% off that amount. The share price’s 52-week low was $0.72, which indicates that the current value has risen by an impressive 67.42% since then. We note from 9F Inc.’s average daily trading volume that its 10-day average is 34.44 Million shares, with the 3-month average coming to 4.49 Million.
9F Inc. stock received a consensus recommendation rating of Hold, based on a mean score of 3. If we narrow it down even further, the data shows that none out of 1 analysts rate the stock as a Sell; another but none rate it as Overweight. Among the rest, 1 recommended JFU as a Hold, whereas none deemed it a Buy, and no one rated it as Underweight. 9F Inc. is expected to report earnings per share of $0 for the current quarter.
9F Inc. (NASDAQ:JFU): Trading Information
Although JFU has showed a red trend with a performance of -19.45% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of $3.50- on Friday, Feb 19 increased the stock’s daily price by 36.71%. The company’s shares are currently up 1.13% year-to-date, but still up 0.0858 over the last five days. On the other hand, 9F Inc. (NASDAQ:JFU) is 0.46% up in the 30-day period. We can see from the shorts that 280.51 Million shares have been sold at a short interest cover period of 62.47 day(s).
The consensus price target as assigned by Wall Street analysts is $9.1, which translates to bears needing to increase their stock price by 311.76% from its current value. Analyst projections state that JFU is forecast to be at a low of $9.1 and a high of $9.1. In order for the stock price to hit the forecast high, the stock would need to surge +311.76% from its current level, while the stock would need to crash 311.76% from its current level to reach the projected low.
9F Inc. (JFU) projections and forecasts
Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of 0%. 9F Inc. earnings are expected to decrease by -240.1% in 2021, but the outlook is negative -13.22% per year for the next five years.
9F Inc. (NASDAQ:JFU)’s Biggest Investors
Upon looking at major shareholders, it appears that insiders hold 0% of 9F Inc. shares, and 6.78% of them are in the hands of institutional investors. The stock currently has a share float of 6.78%. 9F Inc. stock is held by 17 institutions, with Renaissance Technologies, LLC being the largest institutional investor. By Dec 30, 2020, it held 10.76% of the shares, which is about 957.75 Thousand shares worth $996.05 Thousand.
Marshall Wace LLP, with 4.11% or 366.18 Thousand shares worth $380.83 Thousand as of Dec 30, 2020, holds the second largest percentage of outstanding shares.
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Fidelity NASDAQ Composite Index Fund and FlexShares Tr-FlexShares Morningstar Emerging Mkts Factor Tilt Index were the top two Mutual Funds as of Dec 30, 2020. The former held 131127 shares worth $136.37 Thousand, making up 1.47% of all outstanding shares. On the other hand, FlexShares Tr-FlexShares Morningstar Emerging Mkts Factor Tilt Index held roughly 21.25 Thousand shares worth around $28.05 Thousand, which represents about 0.24% of the total shares outstanding.