China Internet Nationwide Fncl Srvcs Inc’s Lock-Up Period Will Expire on February 5th (NASDAQ:CIFS)

China Internet Nationwide Fncl Srvcs’ (NASDAQ:CIFS) lock-up period will expire on Monday, February 5th. China Internet Nationwide Fncl Srvcs had issued 2,023,146 shares in its public offering on August 8th. The total size of the offering was $20,231,460 based on an initial share price of $10.00. After the end of China Internet Nationwide Fncl Srvcs’ lock-up period, company insiders and major shareholders will be able to sell their shares of the company.

Separately, BidaskClub cut shares of China Internet Nationwide Fncl Srvcs from a “hold” rating to a “sell” rating in a report on Friday, January 19th.

Shares of China Internet Nationwide Fncl Srvcs (NASDAQ:CIFS) opened at $40.27 on Wednesday. China Internet Nationwide Fncl Srvcs has a twelve month low of $10.81 and a twelve month high of $66.10.

China Internet Nationwide Fncl Srvcs (NASDAQ:CIFS) last issued its earnings results on Thursday, November 30th. The company reported $0.23 earnings per share for the quarter.

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China Internet Nationwide Fncl Srvcs Company Profile

China Internet Nationwide Financial Services Inc is a holding company. The Company is engaged in the business of providing financial advisory services small-to-medium sized enterprises (SMEs). The Company, through its subsidiaries offers commercial payment advisory services, international corporate financing advisory services and intermediary bank loan advisory services.

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