A Reversal for Fang Holdings Limited (SFUN) Is Not Near. The Stock Declines Again

The stock of Fang Holdings Limited (NYSE:SFUN) is a huge mover today! The stock decreased 4.31% or $0.1 during the last trading session, reaching $2.22. About 247,589 shares traded. Fang Holdings Limited (NYSE:SFUN) has declined 86.21% since September 13, 2018 and is downtrending. It has underperformed by 86.21% the S&P500.
The move comes after 7 months negative chart setup for the $39.69M company. It was reported on Sep, 13 by Barchart.com. We have $2.04 PT which if reached, will make NYSE:SFUN worth $3.18M less.

More notable recent Fang Holdings Limited (NYSE:SFUN) news were published by: Finance.Yahoo.com which released: “What You Must Know About Fang Holdings Limited’s (NYSE:SFUN) Beta Value – Yahoo Finance” on July 30, 2019, also Prnewswire.com with their article: “Fang Announces ADS Ratio Change – PRNewswire” published on June 25, 2019, Seekingalpha.com published: “Fang Holdings -3.2% after Q2 earnings – Seeking Alpha” on August 30, 2019. More interesting news about Fang Holdings Limited (NYSE:SFUN) were released by: Seekingalpha.com and their article: “Fang’s ADS ratio change same as 1-for-5 reverse split – Seeking Alpha” published on June 26, 2019 as well as Fool.com‘s news article titled: “Fang Holdings Limited (SFUN) Q4 2018 Earnings Call Transcript – Motley Fool” with publication date: April 26, 2019.

Fang Holdings Limited operates a real estate Internet portal through which it provides e-commerce, marketing, listing, financial, and value-added services. The company has market cap of $39.69 million. It supports active online communities and networks of users seeking information on, and other value-added services for, the real estate and home furnishing and improvement sectors. It has a 185 P/E ratio. The firm was formerly known as SouFun Holdings Limited and changed its name to Fang Holdings Limited in September 2016.

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