Jiayin Group Inc. (NASDAQ:JFIN - Get Free Report) hit a new 52-week high on Wednesday . The stock 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.
Analyst Upgrades and Downgrades
Separately, Wall Street Zen upgraded shares of Jiayin Group from a "hold" rating to a "strong-buy" rating in a research report on Friday.
Read Our Latest Research Report on JFIN
Jiayin Group Stock Up 13.1%
The firm has a market cap of $970.80 million, a PE ratio of 6.06 and a beta of 1.02. The company's fifty day moving average price is $12.34 and its two-hundred day moving average price is $9.77.
Jiayin Group (NASDAQ:JFIN - Get Free Report) last announced its quarterly earnings data on Wednesday, June 4th. The company reported $1.40 EPS for the quarter. Jiayin Group had a net margin of 19.17% and a return on equity of 43.90%. The firm had revenue of $244.68 million during the quarter.
Institutional Trading of Jiayin Group
Several hedge funds have recently modified their holdings of JFIN. LPL Financial LLC acquired a new position in Jiayin Group during the fourth quarter worth $174,000. Renaissance Technologies LLC boosted its position in shares of Jiayin Group by 10.3% during the 4th quarter. Renaissance Technologies LLC now owns 19,291 shares of the company's stock worth $123,000 after purchasing an additional 1,799 shares in the last quarter. XTX Topco Ltd acquired a new position in shares of Jiayin Group during the 4th quarter worth $109,000. Invesco Ltd. acquired a new position in shares of Jiayin Group during the 1st quarter worth $168,000. Finally, Virtu Financial LLC purchased a new position in shares of Jiayin Group in the 1st quarter valued at about $180,000. 44.08% of the stock is owned by institutional investors and hedge funds.
Jiayin Group Company Profile
(
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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