In the last trading session, 6,656,010 9F Inc. (NASDAQ:JFU) shares changed hands as the company’s beta touched 0. With the company’s per share price at $2.65 changed hands at -$0.19 or -0.07% during last session, the market valuation stood at $539.3 Million. JFU’s last price was a discount, traded about -264.15% off its 52-week high of $9.65. The share price had its 52-week low at $0.72, which suggests the last value was 72.83% up since then. When we look at 9F Inc.’s average trading volume, we note the 10-day average is 10.6 Million shares, with the 3-month average coming to 2.12 Million.
Analysts gave the 9F Inc. (JFU) stock a consensus recommendation rating of Hold, calculated at a mean rating of 3. If we narrow down to specifics, the data shows that none out of 1 analysts rate the stock as a Sell, with a further none assigning it an Overweight rating. Of the remaining, 1 recommended JFU as a Hold, none felt it is a Buy and none rated the stock as Underweight. 9F Inc.’s EPS for the current quarter is expected to be $0.
9F Inc. (NASDAQ:JFU) trade information
Although JFU has turned red as seen at the end of in last trading. With action -6.69%, the performance over the past five days has been green. The jump to weekly highs of $3.15- on Thursday, Jun 17 added 15.87% to the stock’s daily price. The company’s shares are showing year-to-date upside of 1.55%, with the 5-day performance at 0.11% in the green. However, in the 30-day time frame, 9F Inc. (NASDAQ:JFU) is 1.02% up. Looking at the short shares, we see there were 2.29 Million shares sold at short interest cover period of 1.08 days.
The consensus price target for the stock as assigned by Wall Street analysts is $9.1, meaning bulls need an upside of 243.4% from its current market value. According to analyst projections, JFU’s forecast low is $9.1 with $9.1 as the target high. To hit the forecast high, the stock’s price needs a +243.4% upsurge from its current level, while the stock would need to tank 243.4% for it to hit the projected low.
9F Inc. (JFU) estimates and forecasts
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 0%. The 2021 estimates are for 9F Inc. earnings to increase by 8.5%, but the outlook for the next 5-year period is at -13.22% per year.
9F Inc. (NASDAQ:JFU)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 0% of 9F Inc. shares while 6.25% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 6.25%. There are 17 institutions holding the 9F Inc. stock share, with Marshall Wace LLP the top institutional holder. As of Mar 30, 2021, the company held 0.78% of the shares, roughly 1.11 Million JFU shares worth $2.06 Million.
Peak6 Investments, L.P. holds the second largest percentage of outstanding shares, with 0.13% or 189.94 Thousand shares worth $351.39 Thousand as of Mar 30, 2021.