Dunxin Financial Holdings Limited (AMEX: DXF) stock jumped 15.82% on Friday to $0.56 against a previous-day closing price of $0.48. With 1.35 million shares changed hands, the volume of the stock remained heavier than its average volume of 93750.0 shares. During the session, the Credit Services company that operates in wider Financial sector, reached to the highest price of $0.6800 whereas the lowest price it dropped to was $0.4730. The 52-week range on DXF shows that it touched its highest point at $1.89 and its lowest point at $0.40 during that stretch.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of DXF was up-trending over the past week, with a rise of 27.24%, but this was up by 21.71% over a month. Three-month performance surged to 9.70% while six-month performance fell -31.90%. The stock lost -65.22% in the past year, while it has lost -47.17% so far this year.
Float and Shares Shorts:
At present, 20.88 million DXF shares are outstanding with a float of 3.92 million shares on hand for trading. On Jul 14, 2022, short shares totaled 0.16 million, which was 0.76% higher than short shares on Jun 14, 2022. In addition to Mr. Qizhi Wei as the firm’s Chairman & CEO, Mr. Xiang Zhou serves as its Chief Financial Officer.
Through their ownership of 0.82% of DXF’s outstanding shares, institutional investors have minority control over the company. Other institutions hold 0.72% of DXF, in contrast to 0.09% held by mutual funds. Shares owned by individuals account for –. As the largest shareholder in DXF with 0.48% of the stake, Virtu Financial BD LLC holds 100,141 shares worth 100,141. A second-largest stockholder of DXF, Envestnet Asset Management, Inc., holds 24,970 shares, controlling over 0.12% of the firm’s shares. Two Sigma Securities LLC is the third largest shareholder in DXF, holding 22,911 shares or 0.11% stake. With a 0.09% stake in DXF, the Trust for Professional Managers – is the largest stakeholder. A total of 19,549 shares are owned by the mutual fund manager.
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for DXF since 1 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With DXF analysts setting a high price target of $24.84 and a low target of $24.84, the average target price over the next 12 months is $24.84. Based on these targets, DXF could surge 4335.71% to reach the target high and rise by 4335.71% to reach the target low. Reaching the average price target will result in a growth of 4335.71% from current levels.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. DXF will report FY 2013 earnings on 03/01/2023. Analysts have provided yearly estimates in a range of $2.28 being high and $2.28 being low. For DXF, this leads to a yearly average estimate of $2.28. The earnings surprise of a firm occurs when the actual results change from the consensus earnings estimate. Based on analyst estimates, the high estimate for the next quarter is $2.64 and the low estimate is $2.64. The average estimate for the next quarter is thus $2.64.