China Finance Online Co. (JRJC) Shares Down 1.6%
Shares of China Finance Online Co. (NASDAQ:JRJC) fell 1.6% during mid-day trading on Tuesday . The stock traded as low as $4.40 and last traded at $4.41, with a volume of 59,978 shares traded. The stock had previously closed at $4.48.
The stock has a 50 day moving average of $4.67 and a 200-day moving average of $5.14. The stock has a market cap of $99.61 million and a price-to-earnings ratio of 4.35.
China Finance Online (NASDAQ:JRJC) last announced its quarterly earnings results on Tuesday, May 31st. The company reported $0.08 earnings per share for the quarter. Equities research analysts forecast that China Finance Online Co. will post $0.10 earnings per share for the current fiscal year.
A hedge fund recently bought a new stake in China Finance Online stock. Oxford Asset Management purchased a new stake in shares of China Finance Online Co. (NASDAQ:JRJC) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 231,508 shares of the company’s stock, valued at approximately $1,436,000. Oxford Asset Management owned approximately 1.04% of China Finance Online at the end of the most recent reporting period.
China Finance Online Co Limited is a Web-based financial services company in China. The Company provides Chinese retail investors with online access to securities and commodities trading services, wealth management products, securities investment advisory services, as well as financial database and analytics services to institutional customers.
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