Shares of Jiayin Group Inc. (NASDAQ:JFIN - Get Free Report) saw strong trading volume on Thursday . 234,175 shares changed hands during trading, an increase of 86% from the previous session's volume of 125,969 shares.The stock last traded at $18.04 and had previously closed at $18.06.
Analyst Ratings Changes
Separately, Wall Street Zen raised shares of Jiayin Group from a "hold" rating to a "strong-buy" rating in a research note on Friday, June 6th.
Read Our Latest Stock Analysis on JFIN
Jiayin Group Trading Down 3.9%
The stock has a market cap of $969.73 million, a P/E ratio of 6.06 and a beta of 1.02. The stock's fifty day moving average price is $12.90 and its 200 day moving average price is $10.22.
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. Jiayin Group had a net margin of 19.17% and a return on equity of 43.90%. The company had revenue of $244.68 million during the quarter.
Institutional Trading of Jiayin Group
Several institutional investors and hedge funds have recently made changes to their positions in JFIN. Nomura Holdings Inc. purchased a new stake in shares of Jiayin Group during the first quarter worth about $638,000. Jump Financial LLC acquired a new position in Jiayin Group in the first quarter valued at approximately $169,000. Virtu Financial LLC acquired a new position in Jiayin Group in the first quarter valued at approximately $180,000. Invesco Ltd. acquired a new position in Jiayin Group in the first quarter valued at approximately $168,000. Finally, XTX Topco Ltd acquired a new position in shares of Jiayin Group during the 4th quarter worth approximately $109,000. 44.08% of the stock is currently owned by institutional investors.
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.
Further Reading
Before you consider Jiayin Group, you'll want to hear this.
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 Jiayin Group wasn't on the list.
While Jiayin Group currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
With the proliferation of data centers and electric vehicles, the electric grid will only get more strained. Download this report to learn how energy stocks can play a role in your portfolio as the global demand for energy continues to grow.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
