CNFinance Holdings Limited (NYSE:CNF) is expected to report second quarter earnings results, before market open, on Monday 24th August 2020.
Previous Quarter Performance
CNFinance Holdings Limited reported loss for the first quarter of $ 0.14 per share, from the revenue of $ 33.74 million.
Stock Performance
Shares of CNFinance Holdings Limited traded low $ -0.05 or -1.31 percent on Saturday, reaching $ 3.50 with volume of 0.80 thousand shares. The stock opened down for the day at $ 3.45, after closing the previous day trading at $ 3.55.
According to the previous trading day, closing price of $ 3.55, representing a 4.41 % increase from the 52 week low of $ 3.40 and a 42.65 % decrease over the 52 week high of $ 6.19.
With respect to the key metrics, CNFinance Holdings Limited stock has declined $ -0.42 or -11.00 percent, reaching $ 3.92 during the simple moving average (SMA) period of 200 days. Similarly, the stock has decreased $ -0.10 or -3.00 percent, before arriving at $ 3.60 during the SMA50-day period.
The company has a market capital of $ 239.94 million and is part of the Financial Services sector and Specialty Finance industry.
Conference Call
CNFinance Holdings Limited will be hosting a conference call at 8:00 AM eastern time on 24th August 2020, to discuss its 2Q20 financial results with the investment community. The participants may dial, +1-888-346-8982 or +1-412-902-4272 Toll Number, with passcode : CNFinance in order to access the live audio call. A live webcast with presentations will be available on the Internet by visiting the Company website http://ir.cashchina.cn/index.php?s=19#future:2020:8
CNFinance Holdings Limited, through its subsidiaries, provides home equity loan services in China. It offers micro credit loan services for micro and small-enterprise owners, and loan lending agency services for banks. The company also provides bridge loan products, which are unsecured short-term loans to pay off borrowers existing loans secured by real property.
