JFU Stock Surges 6% Amid Positive Earnings Report

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Nov 08, 2024

9F Inc. (JFU, Financial) experienced a significant stock price increase of 6%. The stock is currently trading at $1.62 per share, with a trading volume of 10,456 shares and a turnover rate of 0.09%. The stock's amplitude is recorded at 4.58%.

The latest financial report indicates that 9F Inc. achieved a revenue of $26.02 million, with a net profit of $1.73 million, translating to earnings per share of $0.15. The company's price-to-earnings ratio stands at 9.69. Currently, there are no institutional ratings available for this stock.

In the Information Technology Services industry, where JFU operates, the overall increase is 0.40%. Notable performers in the sector include Innodata Inc., Data Storage Corp, and Taskus, Inc. Innodata Inc. sees a high turnover rate of 22.19%, while the highest price fluctuations were observed in Innodata Inc. at 46.43%.

Company Overview: 9F Inc. is a Chinese financial account platform offering integrated and personalized financial services. Their offerings include online lending, wealth management, and payment solutions, primarily generating revenue from loan facilitation services, all sourced from China.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.