Is Buying China Rapid Finance Limited (XRF) Here a Winning Strategy?

February 15, 2018 - By Michael Collier

The stock of China Rapid Finance Limited (NYSE:XRF) is a huge mover today! The stock increased 7.35% or $0.35 during the last trading session, reaching $5.11. About 131,409 shares traded. China Rapid Finance Limited (NYSE:XRF) has 0.00% since February 15, 2017 and is . It has underperformed by 16.70% the S&P500.
The move comes after 8 months positive chart setup for the $330.62 million company. It was reported on Feb, 15 by Barchart.com. We have $5.37 PT which if reached, will make NYSE:XRF worth $16.53 million more.

More notable recent China Rapid Finance Limited (NYSE:XRF) news were published by: Marketwatch.com which released: “China Rapid Finance Ltd. ADR” on April 28, 2017, also Benzinga.com with their article: “20 Stocks Moving In Thursday’s Pre-Market Session” published on August 17, 2017, Bloomberg.com published: “Chinese Online Lenders Plummet on Report of Tightened Policy” on November 21, 2017. More interesting news about China Rapid Finance Limited (NYSE:XRF) were released by: Benzinga.com and their article: “22 Stocks Moving In Monday’s Pre-Market Session” published on December 11, 2017 as well as Benzinga.com‘s news article titled: “30 Stocks Moving In Tuesday’s Pre-Market Session” with publication date: November 28, 2017.

China Rapid Finance Limited, through its subsidiaries, operates consumer lending marketplace in the PeopleÂ’s Republic of China. The company has market cap of $330.62 million. The firm offers various loan products to serve the lifetime credit needs of emerging middle-class, mobile active consumers, including consumption loans with terms of between two weeks and three months; and lifestyle loans with terms of between three months and three years. It currently has negative earnings. It also involved in the micro-credit lending business.

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