Shares of Jiayin Group Inc. (NASDAQ:JFIN - Get Free Report) were up 6% during trading on Thursday . The company traded as high as $13.80 and last traded at $13.88. Approximately 58,803 shares changed hands during mid-day trading, a decline of 49% from the average daily volume of 115,698 shares. The stock had previously closed at $13.10.
Jiayin Group Trading Up 4.4%
The company has a market capitalization of $799.48 million, a P/E ratio of 4.99 and a beta of 0.87. The business has a 50 day moving average price of $12.09 and a 200 day moving average price of $9.47.
Jiayin Group (NASDAQ:JFIN - Get Free Report) last announced its quarterly earnings results on Thursday, March 27th. The company reported $0.72 EPS for the quarter. Jiayin Group had a return on equity of 43.90% and a net margin of 19.17%. The company had revenue of $192.42 million during the quarter.
Hedge Funds Weigh In On Jiayin Group
Several institutional investors and hedge funds have recently modified their holdings of the business. Nomura Holdings Inc. acquired a new position in shares of Jiayin Group in the 1st quarter valued at approximately $638,000. Jump Financial LLC acquired a new position in shares of Jiayin Group in the 1st quarter valued at approximately $169,000. Virtu Financial LLC acquired a new position in shares of Jiayin Group in the 1st quarter valued at approximately $180,000. Invesco Ltd. acquired a new position in shares of Jiayin Group in the 1st quarter valued at approximately $168,000. Finally, XTX Topco Ltd acquired a new position in shares of Jiayin Group in the 4th quarter valued at approximately $109,000. 44.08% of the stock is currently owned by institutional investors and hedge funds.
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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