Shares of Jianpu Technology Inc. American depositary shares (JT) Have Fallen Below Previous 52-Week Low

July 27, 2021 10:50:27

Shares of Jianpu Technology Inc. American depositary shares (NYSE:JT) traded at a new 52-week low today of $1.77. So far today approximately 53,000 shares have been exchanged, as compared to an average 30-day volume of 142,000 shares.

Jianpu Technology Inc is an independent open platform for providing online discovery and recommendation services for financial products in China. The company provides users with personalized search results and recommendations services such as loan applications, credit card services, and advertising and marketing services to its financial needs and credit profile. The individual users have access to financial products through the platform, including credit cards, and wealth management products. In addition, it also offers data risk management solutions to financial service providers which help in application approval, fraud detection and prevention and other credit underwriting processes. The company generates revenues from fees charged for services for loan products.

In the past 52 weeks, Jianpu Technology Inc. American depositary shares share prices are bracketed by a current low of $1.77 and a high of $8.40 and is now at $1.82.

There is potential upside of 1.2% for shares of Jianpu Technology Inc. American depositary shares based on a current price of $1.82 and an average consensus analyst price target of $1.84.

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