Jiayin Group Inc. (NASDAQ:JFIN - Get Free Report)'s stock price fell 5.2% on Friday . The stock traded as low as $12.93 and last traded at $12.80. 40,070 shares changed hands during mid-day trading, a decline of 65% from the average session volume of 113,760 shares. The stock had previously closed at $13.50.
Jiayin Group Stock Performance
The firm's 50 day moving average price is $11.95 and its two-hundred day moving average price is $9.16. The firm has a market cap of $683.40 million, a PE ratio of 4.25 and a beta of 0.87.
Jiayin Group (NASDAQ:JFIN - Get Free Report) last issued its quarterly earnings data on Thursday, March 27th. The company reported $0.72 earnings per share (EPS) for the quarter. The firm had revenue of $192.42 million during the quarter. Jiayin Group had a return on equity of 43.90% and a net margin of 19.17%.
Institutional Investors Weigh In On Jiayin Group
A number of institutional investors and hedge funds have recently made changes to their positions in the stock. LPL Financial LLC purchased a new stake in Jiayin Group in the fourth quarter valued at approximately $174,000. Renaissance Technologies LLC lifted its stake in 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 acquiring an additional 1,799 shares in the last quarter. XTX Topco Ltd purchased a new position in Jiayin Group during the 4th quarter valued at about $109,000. Invesco Ltd. acquired a new position in Jiayin Group in the 1st quarter valued at about $168,000. Finally, Virtu Financial LLC purchased a new stake in Jiayin Group during the first quarter worth about $180,000. 44.08% of the stock is owned by hedge funds and other 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.
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