China Finance Online’s Stock (NASDAQ: JRJC) Extremely Surges To $10 Barrier

China’s financial information and services provider China Finance Online (NASDAQ: JRJC) is heading towards a $10 ceiling while daily volume reaches up to one million shares that exceed the average volume.

Its diversified four companies have their own approaches to earn beneficial revenues that could deliver enormous earnings for the stockholders. However, the net loss is still staying in financial reports when external fundraising is the only choice to overcome the tight budget.

The market overvalues JRJC by while its EPS is $5.00. Meanwhile, the actual capitalization barely reaches $15 million. This week the stock did not make any move except today’s soaring performance which will strive to exist in the volatile market.

Asan Abdiev

CEO and Editor in Chief. Living in the era of dynamic tech change Asan decided to stay tuned in changes that make any person find comfort and adapt to new devices. Furthermore, gaming became his passion for spending leisure time with his close ones. Although, he has a degree in Business Administration (majoring Finance) writing for technology and as well as finance has been one of the precious aspects of his life