Dunxin Financial Holdings Limited (DXF): Why its showing bear behavior?

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Dunxin Financial Holdings Limited (AMEX:DXF) changes shares on Wednesday trading session, with a change of -13.08% or -$0.11 shares. The trading starts at $0.72 and closed at $0.87 throughout the day. The trading session low price was $0.71 and day high was $0.84 on Wednesday, June 24. After the session, the Financial sector daily volume shifted to 0.3 million while its average volume is 533.12K. In other hand, the DXF market cap reached to $14.80M. While, its current target price is $0.76 according to WSJ.

Checking out the performance report which defines the increase or decrease of prices for a specific period. For the last 5 trading sessions, its performance is down -8.88% and up 75.77% for month. Its quarterly performance was 52.07% above, while its half year performance is down -31.91%. DXF yearly performance stood at negative -79.90% and fall -33.12% for year-to-date.

Earnings per share or EPS is an important financial measure, which defines the profitability of a company. DXF EPS (TTM) for 12-month is 0.16. EPS for this year is -94.30%. Its EPS Q/Q reached 261.60%. It has an EPS of -42.80% down for past five years.

Let’s take a look on the analyst recommendations on DXF for the current month and previous month. For the current month, 1 of 1 analysts recommend stock as Buy while 0 as Sell, 0 as overweight, 0 as underweight and 0 as Hold. As compared with the previous month ratings, 2 analysts participate in stock recommendation. Out of 2, 0 rated it sell, 2 rated it as Buy and 0 as Hold Ratings. On the other hand, target price ranges from $24.84-$24.84. Average target price for DXF was reached at $24.84.

The institutional holding shifted to 3.90%.

A brief look on simple moving average (SMA) that determines the market price can impact a market. The SMA for DXF fall -32.23% for period of 200 days. SMA for 50 days was 42.49% which is showing green signal, while SMA-20 was 26.62%. The moving average value for Dunxin Financial Holdings Limited (DXF) is 0.8453 and 0.5571 for 200 and 50 days respectively.