Jiayin Group Inc. Sponsored ADR (NASDAQ:JFIN - Get Free Report)'s share price gapped down prior to trading on Monday . The stock had previously closed at $17.03, but opened at $16.14. Jiayin Group shares last traded at $16.79, with a volume of 50,866 shares traded.
Wall Street Analyst Weigh In
Separately, Wall Street Zen upgraded Jiayin Group from a "hold" rating to a "strong-buy" rating in a report on Friday, June 6th.
Get Our Latest Stock Analysis on JFIN
Jiayin Group Stock Down 3.5%
The firm has a market capitalization of $917.96 million, a P/E ratio of 5.00 and a beta of 0.97. The stock has a fifty day moving average of $15.43 and a 200-day moving average of $11.73.
Jiayin Group (NASDAQ:JFIN - Get Free Report) last posted its quarterly earnings data on Wednesday, June 4th. The company reported $1.40 earnings per share (EPS) for the quarter. The business 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%.
Jiayin Group Increases Dividend
The business also recently declared a -- dividend, which will be paid on Thursday, July 24th. Investors of record on Monday, July 14th will be given a dividend of $0.80 per share. The ex-dividend date is Monday, July 14th. This is a boost from Jiayin Group's previous -- dividend of $0.50. This represents a yield of 4.8%. Jiayin Group's dividend payout ratio is 14.53%.
Institutional Inflows and Outflows
Large investors have recently bought and sold shares of the stock. XTX Topco Ltd acquired a new stake in shares of Jiayin Group in the fourth quarter valued at approximately $109,000. Renaissance Technologies LLC lifted its position in shares of Jiayin Group by 10.3% in the fourth quarter. Renaissance Technologies LLC now owns 19,291 shares of the company's stock valued at $123,000 after buying an additional 1,799 shares during the last quarter. LPL Financial LLC acquired a new stake in shares of Jiayin Group in the fourth quarter valued at approximately $174,000. Invesco Ltd. acquired a new stake in shares of Jiayin Group in the first quarter valued at approximately $168,000. Finally, Nomura Holdings Inc. acquired a new stake in shares of Jiayin Group in the first quarter valued at approximately $638,000. 44.08% of the stock is 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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