Jiayin Group Inc. (NASDAQ:JFIN - Get Free Report) fell 5.6% during mid-day trading on Wednesday . The company traded as low as $10.23 and last traded at $10.33. 121,884 shares changed hands during mid-day trading, an increase of 17% from the average session volume of 104,345 shares. The stock had previously closed at $10.94.
Jiayin Group Price Performance
The company has a market capitalization of $538.46 million, a P/E ratio of 3.34 and a beta of 0.62. The company has a fifty day moving average price of $10.94 and a 200 day moving average price of $8.35.
Jiayin Group (NASDAQ:JFIN - Get Free Report) last released its quarterly earnings data on Thursday, March 27th. The company reported $0.72 earnings per share for the quarter. Jiayin Group had a net margin of 19.17% and a return on equity of 43.90%. The business had revenue of $192.42 million for the quarter.
Institutional Inflows and Outflows
A number of institutional investors have recently added to or reduced their stakes in the business. XTX Topco Ltd acquired a new stake in Jiayin Group in the fourth quarter worth about $109,000. Renaissance Technologies LLC increased its stake in shares of Jiayin Group by 10.3% during the fourth 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. Finally, LPL Financial LLC bought a new stake in Jiayin Group during the fourth quarter worth approximately $174,000. Institutional investors and hedge funds own 44.08% of the company's stock.
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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