X Financial (NYSE:XYF - Get Free Report) hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $19.42 and last traded at $18.58, with a volume of 362220 shares. The stock had previously closed at $18.75.
X Financial Stock Performance
The firm has a market capitalization of $812.96 million, a price-to-earnings ratio of 5.13 and a beta of 0.05. The company has a 50-day moving average price of $14.36 and a 200-day moving average price of $10.89.
X Financial (NYSE:XYF - Get Free Report) last announced its quarterly earnings results on Monday, May 19th. The company reported $1.40 earnings per share (EPS) for the quarter. X Financial had a return on equity of 20.66% and a net margin of 25.03%. The firm had revenue of $267.00 million during the quarter.
X Financial Increases Dividend
The business also recently announced a semi-annual dividend, which will be paid on Wednesday, July 2nd. Investors of record on Friday, June 20th will be given a $0.25 dividend. This represents a dividend yield of 2.6%. This is an increase from X Financial's previous semi-annual dividend of $0.17. The ex-dividend date of this dividend is Friday, June 20th. X Financial's dividend payout ratio (DPR) is 3.33%.
Institutional Investors Weigh In On X Financial
An institutional investor recently raised its position in X Financial stock. Acadian Asset Management LLC lifted its position in shares of X Financial (NYSE:XYF - Free Report) by 29.4% during the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 107,272 shares of the company's stock after purchasing an additional 24,395 shares during the period. Acadian Asset Management LLC owned about 0.22% of X Financial worth $1,534,000 at the end of the most recent reporting period. Institutional investors own 1.15% of the company's stock.
X Financial Company Profile
(
Get Free Report)
X Financial provides personal finance services in the People's Republic of China. The company offers services as an online marketplace connecting borrowers and investors or institutional funding partners. Its loan products include Xiaoying credit loan, which consists of Xiaoying card loan; and Xiaoying preferred loan to small business owners.
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