Pintech Technology Holdings Ltd. (PT, Financial) experienced a significant stock price decline, falling 5.26%. The current trading price is $0.900 per share, with a trading volume of 1,605 shares and a turnover rate of 0.01%. The stock's volatility is recorded at 3.16%.
According to the latest financial report, Pintech reported revenues of $7.44 million but faced a net loss of $11.12 million, resulting in an earnings per share loss of $0.79. The company has a negative price-to-earnings ratio of -1.19, and there are currently no institutional ratings for buying, holding, or selling the stock.
Within the credit services industry, which saw an overall decline of 0.51%, stocks such as NextPlay Technologies, Inc., Qudian Inc., and Finance Of America Companies Inc. showed notable gains. Other active stocks included Upstart Holdings, Inc., SoFi Technologies, Inc., and LexinFintech Holdings Ltd., with turnover rates of 4.72%, 2.50%, and 2.47%, respectively. LexinFintech, Yiren Digital Ltd., and 3T Technology exhibited significant volatility, with amplitude rates of 8.82%, 7.40%, and 6.85%, respectively.
Pintech is a tech platform provider in China, offering convenient financial loan services to businesses. The company connects business and financial partners on its open platform, enabling them to deliver financial services to end-users. Its offerings include installment loans, personal loans, wealth management, insurance brokerage, and SME loans. Revenue is generated through technical service fees, wealth management service fees, and financial product commissions.
