Shares of China Finance Online Co. (NASDAQ:JRJC) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $1.14 and traded as high as $7.42. China Finance Online shares last traded at $7.36, with a volume of 6,366 shares.
Separately, ValuEngine downgraded China Finance Online from a “hold” rating to a “sell” rating in a research note on Tuesday, January 7th.
The company has a 50 day moving average price of $2.31 and a 200-day moving average price of $1.14. The company has a quick ratio of 1.11, a current ratio of 1.11 and a debt-to-equity ratio of 0.11.
China Finance Online (NASDAQ:JRJC) last released its quarterly earnings data on Thursday, December 26th. The financial services provider reported ($0.90) earnings per share (EPS) for the quarter. China Finance Online had a negative net margin of 32.78% and a negative return on equity of 55.46%. The firm had revenue of $8.05 million during the quarter.
An institutional investor recently raised its position in China Finance Online stock. Morgan Stanley raised its position in shares of China Finance Online Co. (NASDAQ:JRJC) by 8.8% in the second quarter, according to its most recent filing with the SEC. The firm owned 691,542 shares of the financial services provider’s stock after purchasing an additional 56,034 shares during the quarter. Morgan Stanley owned approximately 2.93% of China Finance Online worth $627,000 at the end of the most recent quarter.
China Finance Online Company Profile (NASDAQ:JRJC)
China Finance Online Co Limited provides Web-based financial services in the People's Republic of China and Hong Kong. The company operates through three segments: Commodities Brokerage Services; Online Financial Information and Advisory Service, and Other Related Services; and Hong Kong Brokerage Services.
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