Jiayin Group Inc. (NASDAQ:JFIN - Get Free Report) shares traded down 5% on Monday . The company traded as low as $14.50 and last traded at $14.48. 176,464 shares were traded during mid-day trading, an increase of 49% from the average session volume of 118,377 shares. The stock had previously closed at $15.25.
Jiayin Group Trading Up 13.1%
The stock has a market cap of $970.80 million, a price-to-earnings ratio of 6.06 and a beta of 1.02. The company has a fifty day simple moving average of $12.24 and a 200-day simple moving average of $9.70.
Jiayin Group (NASDAQ:JFIN - Get Free Report) last released 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%. The business had revenue of $244.68 million for the quarter.
Institutional Trading of Jiayin Group
Several hedge funds and other institutional investors have recently modified their holdings of the business. XTX Topco Ltd acquired a new position in Jiayin Group during the fourth quarter valued at $109,000. Renaissance Technologies LLC increased its holdings in shares of Jiayin Group by 10.3% in 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. Invesco Ltd. purchased a new stake in shares of Jiayin Group in the first quarter worth approximately $168,000. Jump Financial LLC acquired a new stake in shares of Jiayin Group during the first quarter worth approximately $169,000. Finally, LPL Financial LLC purchased a new position in Jiayin Group during the fourth quarter valued at approximately $174,000. 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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