Jiayin Group Inc. (NASDAQ:JFIN - Get Free Report) shares traded down 5% during mid-day trading on Monday . The stock traded as low as $14.50 and last traded at $14.48. 176,464 shares were traded during trading, an increase of 49% from the average session volume of 118,377 shares. The stock had previously closed at $15.25.
Jiayin Group Stock Up 8.3%
The firm has a market cap of $878.47 million, a price-to-earnings ratio of 5.49 and a beta of 1.02. The company's 50-day moving average price is $12.20 and its 200-day moving average price is $9.63.
Jiayin Group (NASDAQ:JFIN - Get Free Report) last issued its quarterly earnings results on Wednesday, June 4th. The company reported $1.40 earnings per share (EPS) for the quarter. Jiayin Group had a net margin of 19.17% and a return on equity of 43.90%.
Institutional Trading of Jiayin Group
Several hedge funds have recently made changes to their positions in the business. Nomura Holdings Inc. purchased a new stake in shares of Jiayin Group during the first quarter worth approximately $638,000. LPL Financial LLC purchased a new stake in shares of Jiayin Group during the fourth quarter worth approximately $174,000. XTX Topco Ltd purchased a new stake in shares of Jiayin Group during the fourth quarter worth approximately $109,000. Virtu Financial LLC purchased a new stake in shares of Jiayin Group during the first quarter worth approximately $180,000. Finally, Jump Financial LLC purchased a new stake in shares of Jiayin Group during the first quarter worth approximately $169,000. Institutional investors and hedge funds own 44.08% of the company's stock.
Jiayin Group Company Profile
(
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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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