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Published on 19 Apr 2023 on Simply Wall St. via Yahoo Finance

9F Inc. (NASDAQ:JFU) Held Back By Insufficient Growth Even After Shares Climb 44%


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Those holding 9F Inc. (NASDAQ:JFU) shares would be relieved that the share price has rebounded 44% in the last thirty days, but it needs to keep going to repair the recent damage it has caused to investor portfolios. But the last month did very little to improve the 84% share price decline over the last year.

Even after such a large jump in price, 9F's price-to-sales (or "P/S") ratio of 0.3x might still make it look like a buy right now compared to the Interactive Media and Services industry in the United States, where around half of the companies have P/S ratios above 1.6x and even P/S above 4x are quite common. Nonetheless, we'd need to dig a little deeper to determine if there is a rational basis for the reduced P/S.

Check out our latest analysis for 9F

NASDAQ.JFU price evolution

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