Jiayin Group (NASDAQ:JFIN - Get Free Report)'s stock had its "buy (b-)" rating reissued by Weiss Ratings in a research report issued to clients and investors on Wednesday,Weiss Ratings reports.
Jiayin Group Stock Performance
Shares of Jiayin Group stock opened at $11.33 on Wednesday. The firm has a 50-day moving average of $12.04 and a 200-day moving average of $13.45. The stock has a market cap of $604.68 million, a PE ratio of 2.70 and a beta of 0.87. Jiayin Group has a 52-week low of $5.18 and a 52-week high of $19.23.
Jiayin Group (NASDAQ:JFIN - Get Free Report) last announced its earnings results on Wednesday, August 20th. The company reported $1.36 earnings per share (EPS) for the quarter. The company had revenue of $263.30 million during the quarter. Jiayin Group had a net margin of 24.60% and a return on equity of 47.37%.
Institutional Investors Weigh In On Jiayin Group
Institutional investors have recently modified their holdings of the business. Raymond James Financial Inc. bought a new stake in Jiayin Group during the second quarter worth about $63,000. Allworth Financial LP lifted its position in Jiayin Group by 14,985.7% during the second quarter. Allworth Financial LP now owns 4,224 shares of the company's stock worth $68,000 after purchasing an additional 4,196 shares during the period. E Fund Management Hong Kong Co. Ltd. bought a new stake in Jiayin Group during the second quarter worth about $100,000. Invesco Ltd. bought a new stake in Jiayin Group during the first quarter worth about $168,000. Finally, Jump Financial LLC bought a new stake in Jiayin Group during the first quarter worth about $169,000. 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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