JFIN Stock Drops 5% Amid Market Fluctuations

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Oct 04, 2024

Jianpu Technology (JFIN, Financial) experienced a significant stock drop of 5.05%. The stock is currently priced at $7.71 per share, with a trading volume of 241,746 shares and a turnover rate of 0.46%. The stock's volatility is recorded at 9.24%.

Recent financial reports reveal that Jianpu Technology achieved a revenue of $204 million, with a net profit of $32.9 million and earnings per share of $0.62. The company currently has a price-to-earnings ratio of 2.50, with no updated gross profit margin data available. There are no institutional recommendations for buy, hold, or sell for this stock.

Within the Internet information service industry, where Jianpu Technology operates, the overall increase is 0.71%. Notable stocks in the sector showing significant gains include Super League Enterprise, Inc., Zhihu, and Groupon, Inc. Meanwhile, Upexi, Inc., Trump Media & Technology Group, and Super League Enterprise, Inc. are displaying high trading activity with turnover rates of 11.26%, 3.36%, and 2.72%, respectively. Upexi, Inc., Onfolio Holdings Inc C/Wts 02/01/2027, and Super League Enterprise, Inc. exhibit high volatility rates of 22.81%, 17.58%, and 17.42%.

Jianpu Technology is a Chinese technology service platform focused on technology innovation, utilizing big data, cloud computing, and artificial intelligence to connect consumers with financial institutions efficiently. The company's growth strategy emphasizes a dual focus on digital and tech-driven development, creating a cloud service platform and intelligent risk control system driven by big data.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.