China Finance Online Co. (JRJC) Releases Earnings Results
China Finance Online Co. (NASDAQ:JRJC) issued its quarterly earnings data on Tuesday. The company reported ($0.16) earnings per share (EPS) for the quarter. The business had revenue of $17.10 million for the quarter. China Finance Online had a net margin of 27.66% and a return on equity of 18.26%.
China Finance Online (NASDAQ:JRJC) opened at 4.17 on Thursday. The company’s 50-day moving average is $0.00 and its 200 day moving average is $0.00. China Finance Online has a 12-month low of $3.66 and a 12-month high of $6.85.
Large investors have recently made changes to their positions in the stock. Barclays PLC boosted its stake in shares of China Finance Online by 2,500.0% in the second quarter. Barclays PLC now owns 28,600 shares of the company’s stock valued at $134,000 after buying an additional 27,500 shares during the last quarter. GSA Capital Partners LLP purchased a new stake in shares of China Finance Online during the second quarter valued at $446,000. Morgan Stanley boosted its stake in shares of China Finance Online by 47.5% in the third quarter. Morgan Stanley now owns 166,557 shares of the company’s stock valued at $718,000 after buying an additional 53,600 shares during the last quarter. Finally, Acadian Asset Management LLC boosted its stake in shares of China Finance Online by 114.8% in the second quarter. Acadian Asset Management LLC now owns 935,370 shares of the company’s stock valued at $4,376,000 after buying an additional 499,913 shares during the last quarter. 10.17% of the stock is owned by institutional investors and hedge funds.
Separately, TheStreet cut shares of China Finance Online from a “buy” rating to a “hold” rating in a report on Tuesday, November 22nd.
China Finance Online Company Profile
China Finance Online Co Limited is a Web-based financial services company in China. The Company provides Chinese retail investors with online access to securities and commodities trading services, wealth management products, securities investment advisory services, as well as financial database and analytics services to institutional customers.
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