Shares of Jiayin Group Inc. (NASDAQ:JFIN - Get Free Report) shot up 5.8% during trading on Monday . The stock traded as high as $11.73 and last traded at $11.90. 99,318 shares changed hands during trading, a decline of 9% from the average session volume of 109,193 shares. The stock had previously closed at $11.25.
Jiayin Group Stock Up 1.0 %
The stock's fifty day moving average price is $11.52 and its 200 day moving average price is $8.79. The stock has a market cap of $680.19 million, a PE ratio of 4.22 and a beta of 0.87.
Jiayin Group (NASDAQ:JFIN - Get Free Report) last posted its earnings results on Thursday, March 27th. The company reported $0.72 earnings per share for the quarter. Jiayin Group had a return on equity of 43.90% and a net margin of 19.17%. The company had revenue of $192.42 million for the quarter.
Hedge Funds Weigh In On Jiayin Group
A number of hedge funds and other institutional investors have recently modified their holdings of JFIN. LPL Financial LLC purchased a new position in Jiayin Group during the fourth quarter worth $174,000. XTX Topco Ltd bought a new stake in shares of Jiayin Group in the fourth quarter valued at about $109,000. Finally, Renaissance Technologies LLC increased its position in Jiayin Group by 10.3% during the 4th quarter. Renaissance Technologies LLC now owns 19,291 shares of the company's stock valued at $123,000 after purchasing an additional 1,799 shares during the period. Institutional investors own 44.08% of the company's stock.
Jiayin Group Company Profile
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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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