9F Inc. (NASDAQ: JFU) is 164.42% higher on its value in year-to-date trading and has touched a low of $0.72 and a high of $9.99 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The JFU stock was last observed hovering at around $2.63 in the last trading session, with the day’s gains setting it 0.12% off its average median price target of $9.10 for the next 12 months. It is also 69.78% off the consensus price target high of $9.10 offered by 1 analysts, but current levels are 69.78% higher than the price target low of $9.10 for the same period.
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Currently trading at $2.75, the stock is 63.93% and 89.16% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 41.25 million and changing 4.56% at the moment leaves the stock 14.61% off its SMA200. JFU registered -70.56% loss for a year compared to 6-month loss of 49.46%. The firm has a 50-day simple moving average (SMA 50) of $1.5652 and a 200-day simple moving average (SMA200) of $1.3926.
The stock witnessed a 93.66% gain in the last 1 month and extending the period to 3 months gives it a 113.18%, and is 30.95% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 36.62% over the week and 20.35% over the month.
9F Inc. (JFU) has around 1946 employees, a market worth around $513.40M and $466.00M in sales. Distance from 52-week low is 281.94% and -72.47% from its 52-week high. The company has generated returns on investments over the last 12 months (-37.30%).
9F Inc. (JFU) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for 9F Inc. (JFU) is a “Hold”. 1 analysts offering their recommendations for the stock have an average rating of 3.00, where 1 rate it as a Hold and 0 think it is a “Overweight”. 0 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
9F Inc. is expected to release its quarterly report on 06/02/2021 and quarterly earnings per share for the current quarter are estimated at $0.The EPS is expected to shrink by -240.10% this year.
9F Inc. (JFU) Top Institutional Holders
17 institutions hold shares in 9F Inc. (JFU), with institutional investors hold 6.78% of the company’s shares. The shares outstanding are 195.19M, and float is at 128.23M with Short Float at 0.22%. Institutions hold 6.78% of the Float.
The top institutional shareholder in the company is Renaissance Technologies, LLC with over 0.96 million shares valued at $1.0 million. The investor’s holdings represent 10.76% of the JFU Shares outstanding. As of Sep 29, 2020, the second largest holder is Two Sigma Investments, LP with 60459.0 shares valued at $54775.0 to account for 0.68% of the shares outstanding. The other top investors are Goldman Sachs Group, Inc. which holds 37784.0 shares representing 0.42% and valued at over $34232.0, while ExodusPoint Capital Management, LP holds 0.40% of the shares totaling 36027.0 with a market value of $32640.0.