Citigroup Inc. began coverage on shares of China Rapid Finance Limited Sponsored ADR (NYSE:XRF) in a note issued to investors on Tuesday. The brokerage set a “neutral” rating on the stock.

Separately, Zacks Investment Research raised China Rapid Finance Limited Sponsored ADR from a “sell” rating to a “hold” rating in a research note on Wednesday, October 18th.

China Rapid Finance Limited Sponsored ADR (XRF) remained flat at $$9.34 during trading hours on Tuesday. The company had a trading volume of 377,700 shares, compared to its average volume of 216,257. China Rapid Finance Limited Sponsored ADR has a 1 year low of $5.60 and a 1 year high of $12.86.

China Rapid Finance Limited Sponsored ADR (NYSE:XRF) last released its quarterly earnings data on Thursday, August 17th. The company reported ($0.29) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.17) by ($0.12). The business had revenue of $15.15 million during the quarter, compared to analyst estimates of $13.41 million. equities analysts predict that China Rapid Finance Limited Sponsored ADR will post -0.92 earnings per share for the current year.

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Several hedge funds and other institutional investors have recently added to or reduced their stakes in XRF. Wells Fargo & Company MN bought a new position in shares of China Rapid Finance Limited Sponsored ADR during the 3rd quarter valued at approximately $16,897,000. CI Investments Inc. bought a new position in shares of China Rapid Finance Limited Sponsored ADR during the 3rd quarter valued at approximately $3,295,000. Baillie Gifford & Co. bought a new position in shares of China Rapid Finance Limited Sponsored ADR during the 3rd quarter valued at approximately $1,977,000. Segantii Capital Management Ltd bought a new position in shares of China Rapid Finance Limited Sponsored ADR during the 3rd quarter valued at approximately $1,483,000. Finally, Greenwoods Asset Management Ltd bought a new position in shares of China Rapid Finance Limited Sponsored ADR during the 3rd quarter valued at approximately $1,252,000. 16.28% of the stock is currently owned by hedge funds and other institutional investors.

China Rapid Finance Limited Sponsored ADR Company Profile

China Rapid Finance Limited is a consumer lending company. The Company, through its subsidiaries, is principally engaged in providing a consumer lending marketplace for lenders and borrowers in the People’s Republic of China with predictive selection technology (PST), automated decisioning technology (ADT), and non-credit data analytic and risk-based pricing capabilities.

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