China Internet Nationwide Fncl Srvcs (CIFS) Upgraded at BidaskClub

BidaskClub upgraded shares of China Internet Nationwide Fncl Srvcs (NASDAQ:CIFS) from a strong sell rating to a sell rating in a research note issued to investors on Saturday morning.

CIFS opened at $14.75 on Friday. China Internet Nationwide Fncl Srvcs has a twelve month low of $12.02 and a twelve month high of $66.10.

China Internet Nationwide Fncl Srvcs (NASDAQ:CIFS) last posted its earnings results on Tuesday, May 15th. The company reported $0.49 earnings per share for the quarter. The firm had revenue of $12.01 million during the quarter.



Large investors have recently modified their holdings of the stock. Jane Street Group LLC acquired a new stake in shares of China Internet Nationwide Fncl Srvcs during the fourth quarter worth $207,000. BlackRock Inc. acquired a new stake in shares of China Internet Nationwide Fncl Srvcs during the fourth quarter worth $5,624,000. Barclays PLC acquired a new stake in shares of China Internet Nationwide Fncl Srvcs during the first quarter worth $106,000. Two Sigma Investments LP acquired a new stake in shares of China Internet Nationwide Fncl Srvcs during the fourth quarter worth $432,000. Finally, TIAA CREF Investment Management LLC acquired a new stake in shares of China Internet Nationwide Fncl Srvcs during the fourth quarter worth $176,000. Institutional investors and hedge funds own 0.96% of the company’s stock.

About China Internet Nationwide Fncl Srvcs

China Internet Nationwide Financial Services Inc provides financial advisory services to small-to-medium sized enterprises in the People's Republic of China. The company offers commercial payment advisory services, international corporate financing advisory services, intermediary bank loan advisory services, and Internet information services.

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