Is The Nowcast Positive? China Finance Online Co. Limited (JRJC), FlexShopper, Inc. (FPAY)

JRJC stock traded higher to an intra-day high of $1.64. At one point in session, its potential discontinued and the price was down to lows at $1.4901. Analysts have set JRJC’s consensus price at $8.3, effectively giving it a 425.32% projection on returns JRJC has a -50.6% ROE, lower than the 13.21% average for the industry. The average ROE for the sector is 11.71%.

China Finance Online Co. Limited (JRJC) currently trades at $1.58, which is higher by 3.95% its previous price. It has a total of 26.13 million outstanding shares, with an ATR of around 0.2. The company’s stock volume dropped to 0.22 million, worse than 248.73 thousands that represents its 50-day average. A 5-day increase of about 0.64% in its price means JRJC is now 75.56% higher on year-to-date. The shares have surrendered $43456.42 since its $2.66 52-week high price recorded on 10th of April 2018. Overall, it has seen a growth rate of -37.3 over the last 12 months. The current price per share is $0.94 above the 52 week low of $0.64 set on 24th of December 2018.

FlexShopper, Inc. (NASDAQ:FPAY) shares appreciated 2.41% over the last trading period, taking overall 5-day performance up to -4.84%. FPAY’s price now at $0.89 is greater than the 50-day average of $0.84. Getting the trading period increased to 200 days, the stock price was seen at $1.76 on average. The general public currently hold control of a total of 8.13 million shares, which is the number publicly available for trading. The total of shares that it has issued to investors is 17.26 million. The company’s management holds a total of 6.6%, while institutional investors hold about 20.2% of the remaining shares. FPAY share price finished last trade 4.52% above its 20 day simple moving average and its downbeat gap from 200 day simple moving average is -49.76%, while closing the session with 6.59% distance from 50 day simple moving average.

FlexShopper, Inc. (FPAY) shares were last observed trading -81.5% down since May 09, 2018 when the peak of $4.8 was hit. Last month’s price growth of 11.14% puts FPAY performance for the year now at 16.56%. Consequently, the shares price is trending higher by 34.56%, a 52-week worst price since Dec. 24, 2018. However, it is losing value with -60.17% in the last 6 months. From a technical perspective, it appears more likely that the stock will experience a Bull Run market as a result of the strong support seen recently between $0.78 and $0.83. The immediate resistance area is now $0.92 Williams’s %R (14) for FPAY moved to 59.57 while the stochastic %K points at 32.52.