Jianpu Technology (NYSE:JT) released its quarterly earnings results on Monday. The company reported ($0.05) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.02) by ($0.03), Morningstar.com reports. Jianpu Technology had a negative return on equity of 19.56% and a negative net margin of 16.81%. The firm had revenue of $64.61 million for the quarter. Jianpu Technology updated its Q4 2018 guidance to EPS.

Shares of Jianpu Technology stock opened at $4.47 on Wednesday. Jianpu Technology has a 12-month low of $4.01 and a 12-month high of $9.49. The company has a market cap of $903.17 million and a PE ratio of -19.43.

Separately, Zacks Investment Research cut Jianpu Technology from a “hold” rating to a “sell” rating in a research note on Friday, July 27th.

Institutional investors have recently made changes to their positions in the company. Jane Street Group LLC bought a new stake in shares of Jianpu Technology during the 2nd quarter worth approximately $101,000. Citadel Advisors LLC bought a new stake in shares of Jianpu Technology during the 2nd quarter worth approximately $156,000. Krane Funds Advisors LLC bought a new stake in shares of Jianpu Technology during the 2nd quarter worth approximately $1,401,000. Nordea Investment Management AB bought a new stake in shares of Jianpu Technology during the 3rd quarter worth approximately $1,065,000. Finally, AXA raised its stake in shares of Jianpu Technology by 23.9% during the 3rd quarter. AXA now owns 234,034 shares of the company’s stock worth $1,144,000 after purchasing an additional 45,169 shares in the last quarter. Institutional investors own 11.52% of the company’s stock.

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Jianpu Technology Company Profile

Jianpu Technology Inc operates a platform that provides online discovery and recommendation services for financial products in the People's Republic of China. Its platform allows users to access to financial products, including consumer and other loans, credit cards, and wealth management products.

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Earnings History for Jianpu Technology (NYSE:JT)

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