Yongsheng Liu Sells 10,000 Shares of Scienjoy (NASDAQ:SJ) Stock

Scienjoy Holding Corporation (NASDAQ:SJ) Director Yongsheng Liu sold 10,000 shares of the stock in a transaction on Monday, June 8th. The shares were sold at an average price of $1.07, for a total value of $10,700.00. Following the sale, the director owned 64,500 shares in the company, valued at approximately $69,015. This represents a 13.42% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Yongsheng Liu also recently made the following trade(s):

• On Wednesday, June 10th, Yongsheng Liu sold 10,000 shares of Scienjoy stock. The shares were sold at an average price of $1.06, for a total value of $10,600.00.

Scienjoy Stock Up 1.4%

Shares of NASDAQ SJ traded up $0.02 during trading on Friday, reaching $1.07. 59,769 shares of the company traded hands, compared to its average volume of 66,454. The firm has a 50 day simple moving average of $1.18 and a 200-day simple moving average of $1.08. The stock has a market capitalization of $42.11 million, a PE ratio of -0.55 and a beta of 0.81. Scienjoy Holding Corporation has a 52-week low of $0.45 and a 52-week high of $1.63.

Scienjoy (NASDAQ:SJ) last announced its quarterly earnings results on Thursday, May 21st. The company reported $0.03 earnings per share (EPS) for the quarter. The firm had revenue of $40.99 million for the quarter. Scienjoy had a negative net margin of 46.33% and a negative return on equity of 63.91%.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings raised Scienjoy from a “sell (d-)” rating to a “sell (d)” rating in a report on Monday, June 1st. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company currently has an average rating of “Sell”.

Institutional Trading of Scienjoy

An institutional investor recently raised its position in Scienjoy stock. Citadel Advisors LLC boosted its stake in Scienjoy Holding Corporation (NASDAQ:SJ) by 25.4% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 76,709 shares of the company’s stock after purchasing an additional 15,540 shares during the quarter. Citadel Advisors LLC owned about 0.20% of Scienjoy worth $49,000 as of its most recent SEC filing. Institutional investors own 0.32% of the company’s stock.

Scienjoy Company Profile

Scienjoy Limited (NASDAQ: SJ) is a China-based interactive entertainment company that operates online social platforms and develops mobile gaming applications. The company’s core business centers on group video chat services and live-streaming products that facilitate multi-user interactions. Through its proprietary technologies, Scienjoy provides users with themed virtual rooms, interactive features such as filters and animations, and a range of monetization options including virtual gifting and membership subscriptions.

In addition to its social entertainment offerings, Scienjoy develops and publishes casual mobile games across Android and iOS platforms.