Scienjoy (NASDAQ:SJ) Director Yongsheng Liu Sells 10,000 Shares

Scienjoy Holding Corporation (NASDAQ:SJ) Director Yongsheng Liu sold 10,000 shares of the stock in a transaction that occurred on Monday, June 8th. The shares were sold at an average price of $1.07, for a total transaction of $10,700.00. Following the completion of the transaction, the director owned 64,500 shares in the company, valued at $69,015. This represents a 13.42% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Yongsheng Liu also recently made the following trade(s):

• On Wednesday, June 10th, Yongsheng Liu sold 10,000 shares of Scienjoy stock. The shares were sold at an average price of $1.06, for a total transaction of $10,600.00.

Scienjoy Stock Performance

Shares of NASDAQ:SJ opened at $0.93 on Friday. Scienjoy Holding Corporation has a 52 week low of $0.45 and a 52 week high of $1.63. The company has a market capitalization of $36.63 million, a PE ratio of -0.48 and a beta of 0.81. The company has a 50 day moving average price of $1.17 and a two-hundred day moving average price of $1.07.

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

Institutional Investors Weigh In On Scienjoy

An institutional investor recently raised its position in Scienjoy stock. Citadel Advisors LLC lifted its stake in shares of Scienjoy Holding Corporation (NASDAQ:SJ) by 25.4% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 76,709 shares of the company’s stock after acquiring an additional 15,540 shares during the period. Citadel Advisors LLC owned approximately 0.20% of Scienjoy worth $49,000 at the end of the most recent quarter. Hedge funds and other institutional investors own 0.32% of the company’s stock.

Analysts Set New Price Targets

Separately, Weiss Ratings raised shares of Scienjoy from a “sell (d-)” rating to a “sell (d)” rating in a research note on Monday, June 1st. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock currently 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.