DXF Stock Summary and Trading Ideas (Dunxin Financial Hldgs | AMEX:DXF)

Dunxin Financial Holdings Ltd is engaged in the business of providing loan facilities to micro, small, and medium-sized enterprises and sole proprietors in the Hubei province of the People's Republic of China. It serves family-run businesses, farmers, and individual borrowers. Some of its loan products include Consumer Loans; Commercial Loans; Collateral-Backed Loans; Enterprise Loans and others.

Dunxin Financial Hldgs trades on the AMEX stock market under the symbol DXF.

As of April 18, 2024, DXF stock price climbed to $0.28 with 861,114 million shares trading.

DXF has a beta of 2.72, meaning it tends to be more sensitive to market movements. DXF has a correlation of 0.02 to the broad based SPY ETF.

DXF has a market cap of $1.11 million. This is considered a Sub-Micro Cap stock.

In the last 3 years, DXF stock traded as high as $2.98 and as low as $.03.

DXF has outperformed the market in the last year with a price return of +147.1% while the SPY ETF gained +22.4%. However, in the short term, DXF had mixed performance relative to the market. It has underperformed in the last 3 months, returning -9.3% vs +6.2% return in SPY. But in the last 2 weeks, DXF shares have fared better than the market returning -1.7% compared to SPY -3.8%.

DXF support price is $.26 and resistance is $.29 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that DXF stock will trade within this expected range on the day.