9F (NASDAQ:JFU) Announces Quarterly Earnings Results

9F (NASDAQ:JFU) posted its quarterly earnings results on Friday. The company reported $0.96 earnings per share for the quarter, reports. The business had revenue of $5.79 million for the quarter.

9F Stock Performance

JFU traded up $0.14 on Friday, reaching $2.13. 2,790 shares of the company traded hands, compared to its average volume of 10,189. The stock’s 50 day moving average price is $2.62 and its 200-day moving average price is $3.22. 9F has a 52-week low of $1.98 and a 52-week high of $9.48.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings restated a “sell (d)” rating on shares of 9F in a research report on Friday, August 21st. One investment analyst has rated the stock with a Sell rating. According to MarketBeat.com, 9F has a consensus rating of “Sell”.

9F Company Profile

9F Inc is a China-based fintech company that provides digital financial services through online and mobile platforms. Its business has historically focused on connecting consumers with financial products, including consumer lending and other services offered through its technology ecosystem.

The company has operated platforms designed to support loan facilitation, wealth-management services and payments, using data and technology to improve access to financial products. Its services have primarily targeted consumers in China, although the scope of its operations may vary over time as the company adjusts its business strategy and regulatory approach.

9F Inc was founded in China and completed its initial public offering on the Nasdaq under the symbol JFU in 2019.