9F Inc. (NYSE:JFU) fell 3.5% during trading on Friday . The company traded as low as $9.17 and last traded at $9.17, 100 shares traded hands during mid-day trading. A decline of 100% from the average session volume of 21,336 shares. The stock had previously closed at $9.50.
Separately, Credit Suisse Group began coverage on 9F in a research report on Tuesday, October 8th. They issued a “neutral” rating and a $11.62 price target on the stock.
The company’s 50-day moving average price is $9.57.
9F Company Profile (NYSE:JFU)
9F Inc operates an online consumer finance platform that integrates and personalizes financial services in the People's Republic of China. It offers digital financial accounts; revolving and non-revolving loan products to borrowers, as well as traffic referral services to institutional funding partners; and a suite of online wealth management products, such as fixed income products, stocks, insurance, and mutual funds to investors in various platforms, including Wukong Licai, 9F Wallet, and 9F Puhui.
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