Jiayin Group Inc. (NASDAQ:JFIN - Get Free Report) shares hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $17.68 and last traded at $16.37, with a volume of 300493 shares. The stock had previously closed at $15.20.
Jiayin Group Stock Down 2.3%
The company has a market capitalization of $858.19 million, a price-to-earnings ratio of 5.36 and a beta of 1.02. The stock has a fifty day moving average price of $12.20 and a two-hundred day moving average price of $9.63.
Jiayin Group (NASDAQ:JFIN - Get Free Report) last released its earnings results on Wednesday, June 4th. The company reported $1.40 earnings per share (EPS) for the quarter. The firm had revenue of $244.68 million during the quarter. Jiayin Group had a net margin of 19.17% and a return on equity of 43.90%.
Hedge Funds Weigh In On Jiayin Group
Institutional investors and hedge funds have recently added to or reduced their stakes in the company. XTX Topco Ltd purchased a new position in Jiayin Group in the 4th quarter valued at about $109,000. Renaissance Technologies LLC raised its stake in shares of Jiayin Group by 10.3% in the 4th quarter. Renaissance Technologies LLC now owns 19,291 shares of the company's stock valued at $123,000 after purchasing an additional 1,799 shares in the last quarter. LPL Financial LLC acquired a new stake in shares of Jiayin Group in the 4th quarter valued at about $174,000. Invesco Ltd. acquired a new stake in shares of Jiayin Group in the 1st quarter valued at about $168,000. Finally, Nomura Holdings Inc. acquired a new stake in shares of Jiayin Group in the 1st quarter valued at about $638,000. 44.08% of the stock is owned by hedge funds and other institutional investors.
About Jiayin Group
(
Get Free Report)
Jiayin Group Inc, together with its subsidiaries, provides online consumer finance services in the People's Republic of China. The company operates a fintech platform that facilitates connections between individual borrowers and financial institutions. It also offers referral services for investment products offered by the financial service providers; and technology development and services, as well as guarantee services.
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