CNFinance (NYSE:CNF) Shares Up 4.6% – What’s Next?

CNFinance Holdings Limited (NYSE:CNFGet Free Report) traded up 4.6% on Monday . The company traded as high as $1.18 and last traded at $1.13. 5,997 shares traded hands during mid-day trading, a decline of 89% from the average session volume of 53,267 shares. The stock had previously closed at $1.08.

CNFinance Stock Performance

The stock has a market cap of $80.17 million, a P/E ratio of 3.77 and a beta of -0.01. The company has a quick ratio of 679.18, a current ratio of 874.07 and a debt-to-equity ratio of 2.35. The business has a 50 day moving average price of $1.00 and a two-hundred day moving average price of $1.13.

CNFinance Company Profile

(Get Free Report)

CNFinance Holdings Limited, through its subsidiaries, provides home equity loan services in the People's Republic of China. It offers micro credit loan services for micro and small-enterprise owners; and loan lending agency services for financial institutions. The company provides bridge loan products, which are unsecured short-term loans to pay off borrowers' existing loans secured by real property.

Further Reading

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