Shares of Jiayin Group Inc. (NASDAQ:JFIN - Get Free Report) traded up 6% on Thursday . The company traded as high as $13.80 and last traded at $13.88. 58,803 shares traded hands during mid-day trading, a decline of 49% from the average session volume of 115,698 shares. The stock had previously closed at $13.10.
Jiayin Group Stock Down 3.4%
The stock has a market capitalization of $786.41 million, a price-to-earnings ratio of 4.91 and a beta of 0.87. The company has a 50 day simple moving average of $12.09 and a 200-day simple moving average of $9.49.
Jiayin Group (NASDAQ:JFIN - Get Free Report) last released its quarterly earnings data on Thursday, March 27th. The company reported $0.72 earnings per share (EPS) for the quarter. The company had revenue of $192.42 million for the quarter. Jiayin Group had a net margin of 19.17% and a return on equity of 43.90%.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently added to or reduced their stakes in JFIN. XTX Topco Ltd bought a new position in Jiayin Group in the 4th quarter valued at about $109,000. Renaissance Technologies LLC boosted its stake 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 worth $123,000 after buying an additional 1,799 shares during the last quarter. Invesco Ltd. bought a new position in shares of Jiayin Group in the first quarter valued at approximately $168,000. Jump Financial LLC purchased a new stake in shares of Jiayin Group during the first quarter valued at approximately $169,000. Finally, LPL Financial LLC bought a new stake in Jiayin Group during the fourth quarter worth $174,000. 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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