Jiayin Group Inc. (NASDAQ:JFIN - Get Free Report) saw unusually-strong trading volume on Thursday . Approximately 234,175 shares traded 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.
Wall Street Analyst Weigh In
Separately, Wall Street Zen upgraded Jiayin Group from a "hold" rating to a "strong-buy" rating in a report on Friday, June 6th.
Get Our Latest Stock Analysis on JFIN
Jiayin Group Stock Performance
The company has a market cap of $982.01 million, a price-to-earnings ratio of 6.10 and a beta of 1.02. The company's 50 day moving average price is $12.75 and its 200 day moving average price is $10.11.
Jiayin Group (NASDAQ:JFIN - Get Free Report) last posted its earnings results on Wednesday, June 4th. The company reported $1.40 earnings per share (EPS) for the quarter. The business had revenue of $244.68 million for 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
Several large investors have recently made changes to their positions in the business. Nomura Holdings Inc. bought a new position in Jiayin Group in the 1st quarter worth approximately $638,000. LPL Financial LLC bought a new stake in Jiayin Group in the 4th quarter valued at $174,000. XTX Topco Ltd acquired a new stake in Jiayin Group in the 4th quarter worth $109,000. Virtu Financial LLC bought a new position in shares of Jiayin Group during the 1st quarter worth about $180,000. Finally, Jump Financial LLC bought a new stake in shares of Jiayin Group in the first quarter valued at about $169,000. Institutional investors and hedge funds own 44.08% of the company's stock.
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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