Shares of Jiayin Group Inc. (NASDAQ:JFIN - Get Free Report) rose 9.9% on Friday . The stock traded as high as $17.17 and last traded at $17.67. Approximately 161,178 shares were traded during trading, an increase of 30% from the average daily volume of 123,578 shares. The stock had previously closed at $16.08.
Jiayin Group Trading Up 9.6%
The company has a 50-day moving average of $12.24 and a 200-day moving average of $9.70. The company has a market capitalization of $940.91 million, a price-to-earnings ratio of 5.88 and a beta of 1.02.
Jiayin Group (NASDAQ:JFIN - Get Free Report) last announced its quarterly earnings data on Wednesday, June 4th. The company reported $1.40 EPS for the quarter. The firm had revenue of $244.68 million during the quarter. Jiayin Group had a net margin of 19.17% and a return on equity of 43.90%.
Institutional Trading of Jiayin Group
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. LPL Financial LLC acquired a new stake in Jiayin Group during the 4th quarter valued at approximately $174,000. 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 worth $123,000 after purchasing an additional 1,799 shares in the last quarter. XTX Topco Ltd acquired a new position in shares of Jiayin Group during the fourth quarter valued at approximately $109,000. Invesco Ltd. acquired a new position in Jiayin Group in the 1st quarter valued at $168,000. Finally, Virtu Financial LLC purchased a new position in shares of Jiayin Group in the first quarter worth about $180,000. 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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