X Financial (NYSE:XYF - Get Free Report)'s share price reached a new 52-week high during trading on Friday . The stock traded as high as $19.25 and last traded at $18.74, with a volume of 636228 shares changing hands. The stock had previously closed at $17.13.
X Financial Trading Up 0.4%
The firm has a fifty day moving average of $14.10 and a two-hundred day moving average of $10.58. The company has a market cap of $787.55 million, a PE ratio of 4.97 and a beta of 0.05.
X Financial (NYSE:XYF - Get Free Report) last posted its earnings results on Monday, May 19th. The company reported $1.40 earnings per share (EPS) for the quarter. The firm had revenue of $267.00 million for the quarter. X Financial had a return on equity of 20.66% and a net margin of 25.03%.
X Financial Increases Dividend
The business also recently announced a semi-annual dividend, which will be paid on Wednesday, July 2nd. Shareholders of record on Friday, June 20th will be given a dividend of $0.25 per share. The ex-dividend date of this dividend is Friday, June 20th. This represents a dividend yield of 2.6%. This is an increase from X Financial's previous semi-annual dividend of $0.17. X Financial's dividend payout ratio is currently 3.33%.
Institutional Investors Weigh In On X Financial
An institutional investor recently bought a new position in X Financial stock. Hhlr Advisors LTD. acquired a new position in X Financial (NYSE:XYF - Free Report) during the first quarter, according to the company in its most recent filing with the Securities & 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 as of its most recent filing with the Securities & Exchange Commission. Hedge funds and other 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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