Jiayin Group Inc. (NASDAQ:JFIN - Get Free Report) shares saw an uptick in trading volume on Tuesday . 151,983 shares changed hands during mid-day trading, an increase of 28% from the previous session's volume of 118,847 shares.The stock last traded at $14.80 and had previously closed at $14.78.
Jiayin Group Stock Performance
The firm's 50 day moving average is $12.20 and its 200-day moving average is $9.63. The stock has a market capitalization of $858.19 million, a price-to-earnings ratio of 5.36 and a beta of 1.02.
Jiayin Group (NASDAQ:JFIN - Get Free Report) last issued its quarterly earnings data on Wednesday, June 4th. The company reported $1.40 EPS for the quarter. Jiayin Group had a return on equity of 43.90% and a net margin of 19.17%. The company had revenue of $244.68 million for the quarter.
Hedge Funds Weigh In On Jiayin Group
Large investors have recently added to or reduced their stakes in the stock. XTX Topco Ltd acquired a new position in Jiayin Group during the fourth quarter worth $109,000. Renaissance Technologies LLC raised its position in Jiayin Group by 10.3% during the fourth quarter. Renaissance Technologies LLC now owns 19,291 shares of the company's stock worth $123,000 after acquiring an additional 1,799 shares during the period. Invesco Ltd. acquired a new position in Jiayin Group during the first quarter worth $168,000. Jump Financial LLC acquired a new position in Jiayin Group during the first quarter worth $169,000. Finally, LPL Financial LLC acquired a new position in Jiayin Group during the fourth quarter worth $174,000. 44.08% of the stock is currently owned by institutional investors and hedge funds.
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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