X Financial Sponsored ADR (NYSE:XYF - Get Free Report) shares saw unusually-strong trading volume on Tuesday . Approximately 285,019 shares were traded during trading, an increase of 106% from the previous session's volume of 138,618 shares.The stock last traded at $17.55 and had previously closed at $18.42.
X Financial Stock Down 10.5%
The company has a fifty day moving average of $17.90 and a two-hundred day moving average of $13.41. The stock has a market capitalization of $598.83 million, a price-to-earnings ratio of 2.99 and a beta of 0.20.
X Financial (NYSE:XYF - Get Free Report) last issued its quarterly earnings results on Monday, May 19th. The company reported $1.40 earnings per share for the quarter. X Financial had a return on equity of 23.30% and a net margin of 24.76%. The firm had revenue of $267.00 million during the quarter.
Institutional Investors Weigh In On X Financial
An institutional investor recently raised its position in X Financial stock. Acadian Asset Management LLC raised its holdings in X Financial Sponsored ADR (NYSE:XYF - Free Report) by 29.4% in the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 107,272 shares of the company's stock after acquiring 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 filing with the SEC. 1.15% of the stock is owned by institutional investors and hedge funds.
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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