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

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

CNFinance Stock Up 4.6 %

The company has a debt-to-equity ratio of 2.35, a quick ratio of 679.18 and a current ratio of 874.07. The stock has a 50-day moving average of $0.99 and a two-hundred day moving average of $1.14. The company has a market cap of $77.50 million, a P/E ratio of 3.65 and a beta of -0.01.

About CNFinance

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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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