TheStreet cut shares of Jupai (NYSE:JP) from a c rating to a d rating in a research report sent to investors on Thursday, June 27th, TheStreetRatingsTable reports.
JP stock traded down $0.06 during midday trading on Thursday, hitting $2.08. The stock had a trading volume of 10,214 shares, compared to its average volume of 42,824. Jupai has a 52 week low of $2.06 and a 52 week high of $18.48. The stock’s 50-day simple moving average is $2.34. The company has a debt-to-equity ratio of 0.06, a current ratio of 2.06 and a quick ratio of 2.06.
Jupai (NYSE:JP) last issued its earnings results on Monday, June 10th. The asset manager reported ($0.11) EPS for the quarter. The firm had revenue of $41.88 million during the quarter. Jupai had a negative return on equity of 8.48% and a negative net margin of 44.10%.
Jupai Holdings Limited, together with its subsidiaries, provides wealth management products and advisory services to high-net-worth individuals in China. It also provides asset management services, including management of real estate or related funds and other fund products. The company offers services for fixed income products, private equity and venture capital funds, and public market products, as well as other products, including overseas insurance products and foreign-currency denominated alternative investments.
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