Star Fashion Culture Holdings Limited (NASDAQ:STFS - Get Free Report) CFO Pingting Zhang bought 2,000,000 shares of the business's stock in a transaction that occurred on Wednesday, July 22nd. The shares were bought at an average cost of $1.30 per share, with a total value of $2,600,000.00. Following the completion of the purchase, the chief financial officer directly owned 2,032,500 shares of the company's stock, valued at $2,642,250. This represents a 6,153.85% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at the SEC website.
Star Fashion Culture Trading Up 19.4%
Shares of NASDAQ STFS opened at $3.63 on Wednesday. The firm's fifty day moving average is $10.42 and its two-hundred day moving average is $6.72. Star Fashion Culture Holdings Limited has a 52-week low of $0.80 and a 52-week high of $104.00.
Star Fashion Culture (NASDAQ:STFS - Get Free Report) last announced its quarterly earnings results on Friday, May 29th. The company reported ($0.01) EPS for the quarter. The business had revenue of $6.36 million for the quarter.
Analyst Upgrades and Downgrades
A number of research firms recently commented on STFS. Wall Street Zen upgraded Star Fashion Culture to a "hold" rating in a research report on Saturday, July 4th. Weiss Ratings upgraded Star Fashion Culture from a "sell (e+)" rating to a "sell (d-)" rating in a report on Thursday, May 7th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, Star Fashion Culture has a consensus rating of "Sell".
View Our Latest Stock Analysis on Star Fashion Culture
Star Fashion Culture Company Profile
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Star Fashion Culture Holdings Limited provides content marketing solutions services in the People's Republic of China. It offers marketing campaign planning and execution services; offline advertising services; and online precision marketing services. The company was founded in 2015 and is based in Xiamen, the People's Republic of China. Star Fashion Culture Holdings Limited operates as a subsidiary of Xingji ZhangPingting Limited.
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