Sentage Holdings Inc (SNTG) gains 81% and here’s why
Sentage Holdings Inc (NASDAQ:SNTG) gained $2.2500(+81.82%) to close the day at $5. More than 7M shares exchanged hand compared to an average daily volume of 248K.
SNTG is a Cayman Islands company that offers a comprehensive range of financial services across consumer loan repayment and collection management, loan recommendation, and prepaid payment network services, through its China-base operating entities, today announced its financial results for the fiscal year ended December 31, 2021. Net loss was $1.09 million for fiscal year 2021, compared with net income of $1.59 million for fiscal year 2020.
So here’s SNTG is surging despite reporting losses: