Wins Finance Holdings Inc. (WINS) had a rough trading day for Friday January 11 as shares tumbled 15.13%, or a loss of $-6.33 per share, to close at $35.50. After opening the day at $35.72, shares of Wins Finance Holdings Inc. traded as high as $35.72 and as low as $33.05. Volume was 2,106 shares over 88 trades, against an average daily volume of n/a shares and a total float of 19.84 million.
As a result of the decline, Wins Finance Holdings Inc. now has a market cap of $704.24 million.
The stock has a P/E Ratio of 78.9.
Wins Finance Holdings Inc is a diversified investment and asset management company. It is in the business of leasing, financial advisory, financial guarantees, and partnerships. Leasing business covers financing to small and medium enterprise organizations in China through equipment leasing and equipment purchase leaseback services. The company remains as a guarantor to the lenders and focuses on financing from banks to Chinese SMEs. It also provides financial consultancy services to customers according to their specific needs. The customers have access to guarantee services, investigation, research, locating sources of financing, negotiation, and closing of finance, cash -flow planning, and management. The company is in partnership with bank and non-bank financial institutions.
Wins Finance Holdings Inc. is based out of Beijing, and has some 42 employees. Its CEO is Renhui Mu.