Jiayin Group Inc. Sponsored ADR (NASDAQ:JFIN - Get Free Report) shares fell 0.5% during mid-day trading on Wednesday . The stock traded as low as $16.42 and last traded at $16.57. 41,972 shares changed hands during mid-day trading, a decline of 68% from the average session volume of 130,819 shares. The stock had previously closed at $16.65.
Wall Street Analysts Forecast Growth
Separately, Wall Street Zen upgraded shares of Jiayin Group from a "hold" rating to a "strong-buy" rating in a report on Friday, June 6th.
Read Our Latest Report on JFIN
Jiayin Group Stock Performance
The firm has a market capitalization of $822.43 million, a price-to-earnings ratio of 4.48 and a beta of 1.02. The business has a fifty day moving average price of $14.10 and a 200 day moving average price of $10.91.
Jiayin Group (NASDAQ:JFIN - Get Free Report) last announced its quarterly earnings results on Wednesday, June 4th. The company reported $1.40 EPS for the quarter. The company had revenue of $244.68 million during the quarter. Jiayin Group had a return on equity of 42.68% and a net margin of 21.66%.
Institutional Trading of Jiayin Group
A number of institutional investors and hedge funds have recently bought and sold shares of the business. XTX Topco Ltd acquired a new position in Jiayin Group during the fourth quarter valued at approximately $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 acquiring an additional 1,799 shares during the period. Invesco Ltd. acquired a new position in shares of Jiayin Group during the 1st quarter valued at $168,000. Jump Financial LLC purchased a new stake in Jiayin Group during the 1st quarter worth $169,000. Finally, LPL Financial LLC purchased a new stake in Jiayin Group during the 4th quarter worth $174,000. 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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