Will China Internet Nationwide Financial Services Inc. (CIFS) Go Down Anytime Soon?

April 17, 2018 - By Darrin Black

The stock of China Internet Nationwide Financial Services Inc. (NASDAQ:CIFS) is a huge mover today! The stock increased 29.47% or $5.2423 during the last trading session, reaching $23.0323. About 359,571 shares traded or 218.24% up from the average. China Internet Nationwide Financial Services Inc. (NASDAQ:CIFS) has 0.00% since April 17, 2017 and is . It has underperformed by 11.55% the S&P500.
The move comes after 6 months positive chart setup for the $507.24M company. It was reported on Apr, 17 by Barchart.com. We have $24.87 PT which if reached, will make NASDAQ:CIFS worth $40.58M more.

China Internet Nationwide Financial Services Inc. provides financial advisory services to meet the financial and capital needs of small-to-medium sized enterprises in the PeopleÂ’s Republic of China. The company has market cap of $507.24 million. The company, through its subsidiaries, offers commercial payment, international corporate financing, and intermediary bank loan advisory services, as well as entrusted/direct loans. It has a 26.57 P/E ratio. It also provides value-added Internet information services.

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