Gagnon Securities LLC Has $1.60 Million Holdings in CNFinance Holdings Limited (NYSE:CNF)

Gagnon Securities LLC lifted its holdings in CNFinance Holdings Limited (NYSE:CNF) by 4.8% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,688,732 shares of the company’s stock after acquiring an additional 77,454 shares during the period. Gagnon Securities LLC’s holdings in CNFinance were worth $1,604,000 as of its most recent filing with the SEC.

CNFinance Trading Down 8.9 %

CNF opened at $1.23 on Friday. CNFinance Holdings Limited has a twelve month low of $0.81 and a twelve month high of $2.84. The company has a 50-day simple moving average of $1.02 and a 200 day simple moving average of $1.12. The company has a quick ratio of 679.18, a current ratio of 874.07 and a debt-to-equity ratio of 2.35. The stock has a market capitalization of $84.35 million, a price-to-earnings ratio of 3.97 and a beta of -0.01.

About CNFinance

CNFinance Holdings Limited, through its subsidiaries, provides home equity loan services in the People's Republic of China. It offers micro credit loan services for micro and small-enterprise owners; and loan lending agency services for financial institutions. The company provides bridge loan products, which are unsecured short-term loans to pay off borrowers' existing loans secured by real property.