China Rapid Finance Limited Sponsored ADR (XRF) Lifted to “Hold” at Zacks Investment Research

China Rapid Finance Limited Sponsored ADR (NYSE:XRF) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a research note issued on Wednesday.

According to Zacks, “China Rapid Finance Limited provides investment management solutions and financial advisory services. It operates an integrated online platform which offers risk decision management system, marketing planning system, overdue debts collection system and accounting service system. China Rapid Finance Limited is headquartered in Shanghai, China. “

China Rapid Finance Limited Sponsored ADR (NYSE:XRF) last issued its quarterly earnings results on Thursday, August 17th. The company reported ($0.29) EPS for the quarter, missing the consensus estimate of ($0.17) by ($0.12). The firm had revenue of $15.15 million for the quarter, compared to the consensus estimate of $13.41 million.

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About China Rapid Finance Limited Sponsored ADR

China Rapid Finance Limited is a consumer lending company. The Company, through its subsidiaries, is principally engaged in providing a consumer lending marketplace for lenders and borrowers in the People’s Republic of China with predictive selection technology (PST), automated decisioning technology (ADT), and non-credit data analytic and risk-based pricing capabilities.

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