Dunxin Financial Holdings Limited. ADR (AMEX: DXF) stock fell -6.07% on Friday to $0.32 against a previous-day closing price of $0.35. With 2.84 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.34 million shares. During the session, the Credit Services company that operates in wider Financial sector, reached to the highest price of $0.5199 whereas the lowest price it dropped to was $0.3023. The 52-week range on DXF shows that it touched its highest point at $9.00 and its lowest point at $0.26 during that stretch. Beta for the stock currently stands at 1.58.
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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 6.56%, but this was down by -16.88% over a month. Three-month performance dropped to -45.88% while six-month performance fell -83.76%. The stock lost -86.21% in the past year, while it has lost -82.66% so far this year.
Float and Shares Shorts:
At present, 2.38 million DXF shares are outstanding with a float of 2.36 million shares on hand for trading. On Oct 12, 2023, short shares totaled 23310.0, which was 1.32% higher than short shares on Sep 14, 2023. In addition to Mr. Ai Mei as the firm’s Chairman & CEO, Mr. Xiang Zhou serves as its Chief Financial Officer.
Institutional Ownership:
Through their ownership of 55.73% of DXF’s outstanding shares, institutional investors have majority control over the company. As the largest shareholder in DXF with 1.83% of the stake, Citadel Securities LLC holds 72,793 shares worth 72,793. A second-largest stockholder of DXF, RhumbLine Advisers LP, holds 13,423 shares, controlling over 0.34% of the firm’s shares. UBS Securities LLC is the third largest shareholder in DXF, holding 13,132 shares or 0.33% stake.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for DXF since 0 analysts follow the stock currently. 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 $248.40 and a low target of $248.40, the average target price over the next 12 months is $248.40. Based on these targets, DXF could surge 77525.0% to reach the target high and rise by 77525.0% to reach the target low. Reaching the average price target will result in a growth of 77525.0% from current levels.
