Qifu Technology (QFIN, Financial) saw its stock price surge by 5.02%, reaching $32.87 per share with a trading volume of 498,821 shares and a turnover rate of 0.32%. The stock's amplitude reached 3.91%.
Recent financial reports reveal QFIN achieved a revenue of $574 million, a net profit of $191 million, and earnings per share of $1.26. The price-to-earnings ratio stands at 7.95. All 13 institutions rating the stock have given it a 'buy' recommendation, with none suggesting 'hold' or 'sell'.
Within the credit services sector, where QFIN operates, the overall rise was 1.33%. Notable performers include Xiaoying Technology and Oportun Financial Corporation, while Upstart Holdings, Sofi Technologies, and Western Union showed significant activity. Xiaoying Technology, Pintech, and Lexin experienced the greatest amplitude.
Qifu Technology is a Chinese credit technology platform offering personalized credit services to consumers and small to medium-sized enterprises. The company aids financial institutions in assessing credit risk and improving collection strategies through technological solutions.
