CNFinance (NYSE:CNF) Trading 4.6% Higher – Time to Buy?

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

CNFinance Stock Up 4.6 %

The stock has a market capitalization of $77.50 million, a P/E ratio of 3.65 and a beta of -0.01. The company has a debt-to-equity ratio of 2.35, a current ratio of 874.07 and a quick ratio of 679.18. The stock has a fifty day moving average price of $0.99 and a 200 day moving average price of $1.14.

About CNFinance

(Get Free Report)

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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