Shares of X Financial (NYSE:XYF - Get Free Report) reached 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 changing hands. The stock had previously closed at $18.75.
X Financial Stock Performance
The stock's 50-day moving average price is $14.46 and its 200-day moving average price is $11.05. The company has a market capitalization of $812.96 million, a price-to-earnings ratio of 5.13 and a beta of 0.24.
X Financial (NYSE:XYF - Get Free Report) last issued its quarterly earnings data on Monday, May 19th. The company reported $1.40 earnings per share for the quarter. X Financial had a net margin of 25.03% and a return on equity of 20.66%. The business had revenue of $267.00 million during the quarter.
X Financial Increases Dividend
The firm also recently disclosed a semi-annual dividend, which will be paid on Wednesday, July 2nd. Stockholders of record on Friday, June 20th will be paid a dividend of $0.25 per share. This represents a dividend yield of 2.6%. This is a boost from X Financial's previous semi-annual dividend of $0.17. The ex-dividend date is Friday, June 20th. X Financial's dividend payout ratio (DPR) is 3.33%.
Institutional Inflows and Outflows
A hedge fund recently bought a new stake in X Financial stock. Hhlr Advisors LTD. acquired a new position in shares of X Financial (NYSE:XYF - Free Report) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 50,000 shares of the company's stock, valued at approximately $720,000. Hhlr Advisors LTD. owned approximately 0.10% of X Financial at the end of the most recent reporting period. 1.15% of the stock is currently owned by institutional investors.
About X Financial
(
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.
Further Reading
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