9F Inc ADR (NASDAQ: JFU) Trading above Its 20 Day MA ($1.63), Why Showing An Interesting Price Pattern?

9F Inc ADR (NASDAQ:JFU) does about 4.66K shares in volume on a normal day but saw 2424732 shares change hands in the recent trading day. The company now has a market cap of 20.06M USD. Its current market price is $2.30, marking an increase of 75.57% compared to the previous close of $1.31. The 52 week high reached by this stock is $4.90 whilst the lowest price level in 52 weeks is $1.21.

9F Inc ADR (JFU) has a 20-day trading average at $1.63 and the current price is -53.06% off the 52-week high compared with 90.07% distance from its 52-week low. The 50-day simple moving average of the closing price is $1.77 and its 200-day simple moving average is $2.67. If we look at the stock’s price movements over the week, volatility stands at 37.45%, which decreases to 16.64% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 66.22 to suggest the stock is neutral.

The consensus objective for the share price is $9.10, suggesting that the stock has a potential upside of 74.73% over the period.

The current price level is 43.67%, 30.10%, and -14.28% away from its SMA20, SMA50, and SMA200 respectively, with the JFU price moving below the 50-day SMA on current market day. 9F Inc ADR (JFU) stock is up 82.54% over the week and 22.67% over the past month. Its price is -32.95% year-to-date and -15.19% over the past year.

To reach the target analysts have set, the stock logically needs to grow 74.73 percent from here.

The company has a return on investment of 0.23% and return on equity of 0.23%. The price to earnings ratio (P/E ratio) amounts to 24.44. The beta has a value of 0.39. Price to book ratio is 0.06 and price to sales ratio is 0.36.