For the readers interested in the stock health of Dunxin Financial Holdings Limited (DXF). It is currently valued at $1.65. When the transactions were called off in the previous session, Stock hit the highs of $1.76, after setting-off with the price of $1.70. Company’s stock value dipped to $1.68 during the trading on the day. When the trading was stopped its value was $1.69.
Recently in News on November 30, 2020, Dunxin Financial Holdings Limited Announced the signing of Intentional Cooperation Agreement with Baite Biological Group Co., Ltd.. Dunxin Financial Holdings Limited (“Dunxin” or the “Company” NYSE American: DXF), a licensed microfinance lender serving individuals and small and medium enterprises (SMEs) in Hubei Province, China, today announced that the Company signed an Intentional Cooperation Agreement with Baite Biological Group Co., Ltd. The Company and Baite Biological Group plan to carry out cooperation in market expansion and production research and development in three aspects: (1) In Vitro Diagnostic industry, (2) hospital intelligent laboratory, (3) production and manufacturing of high-end medical devices. You can read further details here
Dunxin Financial Holdings Limited had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $2.9800 on 05/10/21, with the lowest value was $0.9600 for the same time period, recorded on 03/05/21.
Dunxin Financial Holdings Limited (DXF) full year performance was 160.60%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Dunxin Financial Holdings Limited shares are logging -44.63% during the 52-week period from high price, and 194.66% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $0.56 and $2.98.
The company’s shares, operating in the sector of Financial managed to top a trading volume set approximately around 1385787 for the day, which was evidently lower, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the Dunxin Financial Holdings Limited (DXF) recorded performance in the market was 27.07%, having the revenues showcasing 11.92% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 33.60M, as it employees total of 11 workers.
Specialists analysis on Dunxin Financial Holdings Limited (DXF)
During the last month, 2 analysts gave the Dunxin Financial Holdings Limited a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 1.5603, with a change in the price was noted +0.23. In a similar fashion, Dunxin Financial Holdings Limited posted a movement of +16.20% for the period of last 100 days, recording 1,134,242 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for DXF is recording 0.48 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.00.
Trends and Technical analysis: Dunxin Financial Holdings Limited (DXF)
Raw Stochastic average of Dunxin Financial Holdings Limited in the period of last 50 days is set at 25.28%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 49.06%. In the last 20 days, the company’s Stochastic %K was 62.09% and its Stochastic %D was recorded 51.64%.
Now, considering the stocks previous presentation, multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 27.07%. Additionally, trading for the stock in the period of the last six months notably improved by 18.18%, alongside a boost of 160.60% for the period of the last 12 months. The shares increased approximately by 1.20% in the 7-day charts and went down by 5.62% in the period of the last 30 days. Common stock shares were driven by 11.92% during last recorded quarter.