CNFinance Holdings Limited (NYSE: CNF) is -40.93% lower on its value in year-to-date trading and has touched a low of $2.11 and a high of $6.34 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The CNF stock was last observed hovering at around $2.40 in the last trading session, with the day’s gains setting it 0.01%.
Currently trading at $2.41, the stock is -13.31% and -9.80% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.12 million and changing 0.42% at the moment leaves the stock -35.08% off its SMA200. CNF registered -21.75% loss for a year compared to 6-month loss of -35.73%.
The stock witnessed a -13.93% gain in the last 1 month and extending the period to 3 months gives it a -23.85%, and is -10.74% down 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 7.43% over the week and 7.71% over the month.
CNFinance Holdings Limited (CNF) has around 901 employees, a market worth around $164.60M and $207.80M in sales. Current P/E ratio is 46.35 and Fwd P/E is 10.95. Profit margin for the company is 1.60%. Distance from 52-week low is 14.22% and -61.99% from its 52-week high. The company has generated returns on investments over the last 12 months (0.50%).
CNFinance Holdings Limited is expected to release its quarterly report on 11/23/2022.The EPS is expected to shrink by -43.40% this year.
CNFinance Holdings Limited (CNF) Top Institutional Holders
The shares outstanding are 71.80M, and float is at 68.58M with Short Float at 0.46%.