X Financial (NYSE:XYF - Get Free Report) shares saw an uptick in trading volume on Monday . 275,823 shares changed hands during mid-day trading, an increase of 138% from the previous session's volume of 115,931 shares.The stock last traded at $18.21 and had previously closed at $18.40.
X Financial Price Performance
The company has a market cap of $737.50 million, a price-to-earnings ratio of 4.66 and a beta of 0.24. The stock has a 50 day simple moving average of $14.96 and a two-hundred day simple moving average of $11.46.
X Financial (NYSE:XYF - Get Free Report) last announced its 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 company had revenue of $267.00 million for the quarter.
X Financial Increases Dividend
The company also recently announced a semi-annual dividend, which will be paid on Wednesday, July 2nd. Investors of record on Friday, June 20th will be issued a dividend of $0.25 per share. This represents a yield of 2.6%. This is a boost 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 10.00%.
Institutional Trading of X Financial
A hedge fund recently raised its stake in X Financial stock. Acadian Asset Management LLC boosted its holdings in shares of X Financial (NYSE:XYF - Free Report) by 29.4% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 107,272 shares of the company's stock after buying an additional 24,395 shares during the quarter. Acadian Asset Management LLC owned 0.22% of X Financial worth $1,534,000 as of its most recent SEC filing. Hedge funds and other institutional investors own 1.15% of the company's stock.
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.
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