<div id="readability-page-1"><p>Qifu Technology, Inc. (NASDAQ:QFIN - Get Free Report) traded down 4.2% on Friday . The stock traded as low as $40.33 and last traded at $40.40. 178,117 shares were traded  during trading, a decline of 81% from the average session volume of 956,621 shares. The stock had previously closed at $42.19.</p><div><p><span></span><span>Get <strong>Qifu Technology</strong> alerts:</span></p></div><h2>Wall Street Analyst Weigh In</h2><ul><li>3 Top-Performing U.S.-Traded Emerging Market Stocks in 2024</li></ul><p>Separately, Citigroup boosted their price objective on Qifu Technology from $31.44 to $37.50 and gave the stock a &#34;buy&#34; rating in a research report on Thursday, November 21st.</p><p><b>Check Out Our Latest Report on Qifu Technology</b></p><h2>Qifu Technology Stock Down 5.7 %</h2><p>The stock has a market capitalization of $6.27 billion, a price-to-earnings ratio of 8.06, a P/E/G ratio of 0.31 and a beta of 0.64. The stock has a fifty day moving average of $37.76 and a 200-day moving average of $30.77. </p><h2>Institutional Trading of Qifu Technology</h2><p>A number of hedge funds and other institutional investors have recently made changes to their positions in QFIN. Truist Financial Corp purchased a new position in  Qifu Technology during the 4th quarter worth $231,000.  Rhumbline Advisers lifted its holdings in  Qifu Technology by 36.8% in the fourth quarter. Rhumbline Advisers now owns 24,988 shares of the company's stock valued at $959,000 after acquiring an additional 6,721 shares during the period.  Asset Management One Co. Ltd. boosted its position in shares of  Qifu Technology by 66.8% during the 4th quarter. Asset Management One Co. Ltd. now owns 32,873 shares of the company's stock worth $1,255,000 after purchasing an additional 13,170 shares in the last quarter.  Lester Murray Antman dba SimplyRich grew its stake in shares of  Qifu Technology by 5.7% during the 4th quarter. Lester Murray Antman dba SimplyRich now owns 14,288 shares of the company's stock worth $548,000 after purchasing an additional 768 shares during the period.  Finally, Advisors Preferred LLC purchased a new position in shares of  Qifu Technology in the 4th quarter valued at about $41,000. Institutional investors and hedge funds own  74.81% of the company's stock. </p><h2>Qifu Technology Company Profile</h2> (Get Free Report)<p>Qifu Technology, Inc, through its subsidiaries, operates credit-tech platform under the 360 Jietiao brand in the People's Republic of China. It provides credit-driven services that matches borrowers with financial institutions to conduct customer acquisition, initial and credit screening, advanced risk assessment, credit assessment, fund matching, and other post-facilitation services; and platform services, including loan facilitation and post-facilitation services to financial institution partners under intelligence credit engine, referral services, and risk management software-as-a-service.</p><h2>Featured Articles</h2><ul><li>Five stocks we like better than Qifu Technology</li><li>Consumer Discretionary Stocks Explained</li><li> Nebius Group: Market Overreaction or Real AI Disruption?</li><li>What is a Dividend King? </li><li>The Best Way to Invest in Gold Is...</li><li>Do Real Estate Investment Trusts Deserve a Place in Your Portfolio?</li><li>Why Nike Stock Could Be 2025’s Top Comeback Play</li></ul><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Qifu Technology Right Now?</h2><p>Before you consider Qifu Technology, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Qifu Technology wasn't on the list.</p><p>While Qifu Technology currently has a &#34;Buy&#34; rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

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QFIN

<p>Qifu Technology (NASDAQ:QFIN) shares fell 4.2% to $40.40, with trading volume down 81% from average levels. Citigroup raised its price target from $31.44 to $37.50, maintaining a "buy" rating. The company has a market cap of $6.27 billion and a P/E ratio of 8.06. Institutional investors hold 74.81% of the stock, with notable increases in positions from several hedge funds. Despite the drop, analysts still rate Qifu Technology as a "buy," although other stocks are recommended as better investments.</p>

Qifu Technology (NASDAQ:QFIN) Shares Down 4.2% - Should You Sell?