SJ Stock Dips Over 6% Amidst Broadcast Media Sector Performance

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Oct 16, 2024

The stock of Scienjoy Holding Corporation (SJ, Financial) experienced a significant drop of 6.65%. The stock is currently priced at $0.840 per share, with a trading volume of 2,489 shares. The turnover rate is 0.01%, and the stock's price fluctuation amplitude stands at 1.81%.

Recent financial reports indicate Scienjoy achieved a revenue of $51.58 million and a net profit of $4.86 million. The earnings per share (EPS) were $0.12, with a gross profit of $8.91 million. The price-to-earnings (P/E) ratio is reflected as -3.71, pointing towards a lack of current profitability. No investment institutions have provided ratings or recommendations such as buy, hold, or sell for this stock as of now.

Within the broader broadcast media industry, there has been an overall increase of 2.01%. Noteworthy performers in this sector include Mediaco Holding Inc., Curiositystream Inc., and E.W. Scripps Company, which have shown significant gains. Stocks like Fubotv Inc., Curiositystream Inc., and E.W. Scripps Company are active, with turnover rates of 1.42%, 0.93%, and 0.89%, respectively. Stocks with wide price fluctuations include Mediaco Holding Inc., Curiositystream Inc C/Wts 14/10/2025 (To Pur Com), and E.W. Scripps Company, with amplitudes of 47.99%, 42.86%, and 21.09%, respectively.

Scienjoy Holding Corporation operates as a live-streaming video entertainment social platform in China. It runs mobile live streaming services, offering live entertainment through professional broadcasters to end-users. The company operates under brands like Showself, Lehai, and Haixiu through its mobile applications, allowing users to engage in various interactive activities, including private chats and gaming with virtual currency.

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.