CNFinance Holdings Limited (NYSE:CNF – Get Free Report)’s stock price dropped 6.5% on Monday . The stock traded as low as $0.86 and last traded at $0.86. Approximately 51,376 shares were traded during trading, a decline of 18% from the average daily volume of 62,363 shares. The stock had previously closed at $0.92.
CNFinance Stock Up 5.9 %
The firm has a market capitalization of $62.48 million, a price-to-earnings ratio of 2.94 and a beta of -0.03. The business has a 50 day moving average of $1.08 and a 200 day moving average of $1.22. The company has a debt-to-equity ratio of 2.35, a current ratio of 874.07 and a quick ratio of 679.18.
CNFinance Company Profile
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.
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