Yongsheng Liu Sells 10,000 Shares of Scienjoy (NASDAQ:SJ) Stock

Scienjoy Holding Corporation (NASDAQ:SJ) Director Yongsheng Liu sold 10,000 shares of the stock in a transaction on Wednesday, June 10th. The shares were sold at an average price of $1.06, for a total value of $10,600.00. Following the completion of the sale, the director owned 44,500 shares in the company, valued at approximately $47,170. This trade represents a 18.35% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

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

• On Monday, June 8th, Yongsheng Liu sold 10,000 shares of Scienjoy stock. The shares were sold at an average price of $1.07, for a total value of $10,700.00.

Scienjoy Trading Down 11.8%

SJ opened at $0.93 on Friday. Scienjoy Holding Corporation has a 1-year low of $0.45 and a 1-year high of $1.63. The stock’s fifty day simple moving average is $1.17 and its 200 day simple moving average is $1.07. The stock has a market cap of $36.63 million, a PE ratio of -0.48 and a beta of 0.81.

Scienjoy (NASDAQ:SJ) last posted its quarterly earnings results 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 business had revenue of $40.99 million for the quarter.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Scienjoy stock. Citadel Advisors LLC increased its stake in Scienjoy Holding Corporation (NASDAQ:SJ) by 25.4% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 76,709 shares of the company’s stock after purchasing 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 SEC. 0.32% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

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

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.