No headlines found.
No press releases found.
No news found.
Pintec Technology Holdings Ltd is a technology platform that provides financial services in China in terms of loan volume facilitated. The company connects business partners and financial partners on its open platform and enables them to provide financial services to end-users. Its products include installment loans, personal loans, wealth management, insurance brokerage, SME loans, and others. The company generates its revenue from technical service fees also by providing financing for these borrowers and earn installment service fees, They earn wealth management services fees and commission on financial products.
Pintec Technology Hldgs trades on the NASDAQ stock market under the symbol PT.
As of April 19, 2024, PT stock price climbed to $1.08 with 3,779 million shares trading.
PT has a beta of 0.86, meaning it tends to be less sensitive to market movements. PT has a correlation of 0.02 to the broad based SPY ETF.
PT has a market cap of $9.37 million. This is considered a Sub-Micro Cap stock.
In the last 3 years, PT stock traded as high as $7.10 and as low as $.25.
PT has underperformed the market in the last year with a return of -1.8%, while the SPY ETF gained +21.2%. In the last 3 month period, PT fell short of the market, returning -4.4%, while SPY returned +4.3%. However, in the most recent 2 weeks PT has outperformed the stock market by returning -0.9%, while SPY returned -3.5%.
PT support price is $1.05 and resistance is $1.09 (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 PT stock will trade within this expected range on the day.