Pintec Technology (NASDAQ:PT) Shares Down 2.1% – Should You Sell?

Pintec Technology Holdings Limited (NASDAQ:PT)’s share price traded down 2.1% during mid-day trading on Monday . The stock traded as low as $0.91 and last traded at $0.93. 346 shares traded hands during trading, a decline of 99% from the average session volume of 59,991 shares. The stock had previously closed at $0.95.

Wall Street Analysts Forecast Growth

Separately, Mizuho upgraded shares of Pintec Technology to a “hold” rating in a research report on Monday, October 14th.

Pintec Technology Price Performance

The stock has a 50 day moving average of $0.98 and a 200 day moving average of $1.03.

Pintec Technology Company Profile

Pintec Technology Holdings Limited, together with its subsidiaries, engages in the provision of technology-enabled financial and digital services to the ecosystem of MSMEs and SMEs in the People’s Republic of China. The company connects business partners and financial partners on its open platform and enables them to provide financial services to end users.