Jiayin Group Inc. (NASDAQ:JFIN - Get Free Report)'s stock price fell 5.3% during trading on Friday . The stock traded as low as $17.63 and last traded at $17.90. 204,732 shares were traded during trading, an increase of 61% from the average session volume of 127,171 shares. The stock had previously closed at $18.91.
Analyst Ratings Changes
Separately, Wall Street Zen raised shares of Jiayin Group from a "hold" rating to a "strong-buy" rating in a research report on Friday, June 6th.
Read Our Latest Report on JFIN
Jiayin Group Trading Down 3.9%
The firm has a market capitalization of $969.73 million, a PE ratio of 6.06 and a beta of 1.02. The company has a fifty day moving average price of $12.90 and a two-hundred day moving average price of $10.22.
Jiayin Group (NASDAQ:JFIN - Get Free Report) last issued its quarterly earnings data on Wednesday, June 4th. The company reported $1.40 earnings per share for the quarter. The company had revenue of $244.68 million during the quarter. Jiayin Group had a return on equity of 43.90% and a net margin of 19.17%.
Institutional Trading of Jiayin Group
Several institutional investors and hedge funds have recently bought and sold shares of JFIN. Nomura Holdings Inc. purchased a new position in Jiayin Group during the 1st quarter worth $638,000. Jump Financial LLC acquired a new position in Jiayin Group in the 1st quarter valued at about $169,000. Virtu Financial LLC purchased a new stake in Jiayin Group during the 1st quarter valued at approximately $180,000. Invesco Ltd. acquired a new stake in Jiayin Group during the 1st quarter worth approximately $168,000. Finally, XTX Topco Ltd acquired a new stake in Jiayin Group during the 4th quarter worth approximately $109,000. Hedge funds and other institutional investors own 44.08% of the company's stock.
Jiayin Group Company Profile
(
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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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