China Finance Online Co. (JRJC) Posts Quarterly Earnings Results, Beats Estimates By $0.01 EPS
Tuesday, August 30, 2021 6:05 PM

China Finance Online Co. (JRJC) announced its quarterly results on Tuesday. The company reported $0.00 earnings per share for the quarter, beating the Thomson Reuters consensus estimate of ($0.01) by $0.01. The company’s quarterly revenue was down 9.8% on a year-over-year basis.

On a related note, analysts at Rodman & Renshaw downgraded shares of China Finance Online Co. from an "outperform" rating to a "market perform" rating in a research note to investors on Friday, June 17th. Also, analysts at Zacks Investment Research downgraded shares of China Finance Online Co. from an "outperform" rating to a "neutral" rating in a research note to investors on Friday, March 4th.

Shares of China Finance Online Co. (JRJC) traded down 1.05% during mid-day trading on Tuesday, hitting $2.82. China Finance Online Co. (JRJC) has a 52 week low of $2.35 and a 52 week high of $8.59. The stock's 50-day moving average is $3.05 and its 200-day moving average is $4.25. The company has a market cap of $61.4 million and a price-to-earnings ratio of 19.79.

China Finance Online Co. Limited (CFO Hong Kong) is a provider of vertically integrated financial services and products, including news, data, analytics and brokerage through Web portals, software systems and mobile handsets. The Company has two principal operating segments: online financial data subscription service and other related services, and brokerage service. Through the Web portals, and, the Company provides individual users with subscription-based service packages that integrate financial and listed company data, information and analytics from multiple sources with features and functions, such as data and information search, retrieval, delivery, storage and analysis. These features and functions are delivered through its software available by download, through Internet or through mobile handsets. During the year ended December 31, 2009, the Company became the beneficiary of Beijing Chuangying Advisory and Investment Co., Ltd.

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