Scienjoy (NASDAQ:SJ) Director Sells $10,700.00 in Stock

Scienjoy Holding Corporation (NASDAQ:SJ) Director Yongsheng Liu sold 10,000 shares of Scienjoy stock in a transaction dated Monday, June 8th. The stock was sold at an average price of $1.07, for a total value of $10,700.00. Following the completion of the sale, the director directly owned 64,500 shares of the company’s stock, valued at approximately $69,015. This trade represents a 13.42% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

Yongsheng Liu also recently made the following trade(s):

• On Wednesday, June 10th, Yongsheng Liu sold 10,000 shares of Scienjoy stock. The stock was sold at an average price of $1.06, for a total value of $10,600.00.

Scienjoy Stock Performance

Shares of SJ opened at $0.93 on Monday. The business has a 50-day moving average of $1.17 and a 200 day moving average of $1.08. Scienjoy Holding Corporation has a fifty-two week low of $0.45 and a fifty-two week high of $1.63. The firm has a market cap of $36.63 million, a P/E ratio of -0.48 and a beta of 0.81.

Scienjoy (NASDAQ:SJ) last announced its quarterly earnings data on Thursday, May 21st. The company reported $0.03 earnings per share for the quarter. Scienjoy had a negative return on equity of 63.91% and a negative net margin of 46.33%.The company had revenue of $40.99 million during the quarter.

Analysts Set New Price Targets

Separately, Weiss Ratings raised shares of Scienjoy from a “sell (d-)” rating to a “sell (d)” rating in a research report on Monday, June 1st. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, Scienjoy has a consensus rating of “Sell”.

Institutional Investors Weigh In On Scienjoy

An institutional investor recently raised its position in Scienjoy stock. Citadel Advisors LLC increased its position in shares of Scienjoy Holding Corporation (NASDAQ:SJ) by 25.4% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 76,709 shares of the company’s stock after acquiring an additional 15,540 shares during the period. Citadel Advisors LLC owned approximately 0.20% of Scienjoy worth $49,000 as of its most recent filing with the Securities and Exchange Commission. Hedge funds and other institutional investors own 0.32% of the company’s stock.

Scienjoy Company Profile

Scienjoy Limited (NASDAQ: SJ) is a China-based interactive entertainment company that operates online social platforms and develops mobile gaming applications. The company’s core business centers on group video chat services and live-streaming products that facilitate multi-user interactions. Through its proprietary technologies, Scienjoy provides users with themed virtual rooms, interactive features such as filters and animations, and a range of monetization options including virtual gifting and membership subscriptions.

In addition to its social entertainment offerings, Scienjoy develops and publishes casual mobile games across Android and iOS platforms.