Jiayin Group Inc. Sponsored ADR (NASDAQ:JFIN - Get Free Report) shares dropped 2.3% on Monday . The company traded as low as $12.62 and last traded at $12.78. Approximately 92,408 shares were traded during trading, a decline of 10% from the average daily volume of 102,120 shares. The stock had previously closed at $13.08.
Analyst Ratings Changes
Separately, Wall Street Zen upgraded shares of Jiayin Group from a "hold" rating to a "strong-buy" rating in a research report on Friday, June 6th.
Get Our Latest Research Report on JFIN
Jiayin Group Price Performance
The company's 50 day moving average price is $16.26 and its 200 day moving average price is $12.73. The firm has a market cap of $665.79 million, a PE ratio of 3.60 and a beta of 1.02.
Jiayin Group (NASDAQ:JFIN - Get Free Report) last posted its quarterly earnings data on Wednesday, June 4th. The company reported $1.40 EPS for the quarter. Jiayin Group had a net margin of 21.66% and a return on equity of 42.68%. The business had revenue of $244.68 million during the quarter.
Jiayin Group Increases Dividend
The company also recently declared a -- dividend, which was paid on Thursday, July 24th. Investors of record on Monday, July 14th were paid a $0.80 dividend. This is an increase from Jiayin Group's previous -- dividend of $0.50. This represents a yield of 480.0%. The ex-dividend date was Monday, July 14th. Jiayin Group's payout ratio is presently 37.21%.
Institutional Inflows and Outflows
A number of institutional investors have recently added to or reduced their stakes in JFIN. LPL Financial LLC purchased a new position in Jiayin Group in the fourth quarter worth approximately $174,000. Renaissance Technologies LLC raised its holdings in 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 stake in Jiayin Group during the fourth quarter worth approximately $109,000. Invesco Ltd. acquired a new stake in Jiayin Group during the first quarter worth approximately $168,000. Finally, Virtu Financial LLC acquired a new stake in Jiayin Group during the first quarter worth approximately $180,000. Hedge funds and other institutional investors 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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