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
(
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.
Read More
Before you consider Jiayin Group, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Jiayin Group wasn't on the list.
While Jiayin Group currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Thinking about investing in Meta, Roblox, or Unity? Enter your email to learn what streetwise investors need to know about the metaverse and public markets before making an investment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
