X Financial (NYSE:XYF - Get Free Report) saw strong trading volume on Tuesday . 121,203 shares changed hands during trading, an increase of 18% from the previous session's volume of 102,522 shares.The stock last traded at $18.74 and had previously closed at $17.84.
X Financial Stock Down 0.0%
The stock's 50 day moving average price is $14.36 and its 200-day moving average price is $10.89. The stock has a market capitalization of $812.96 million, a PE ratio of 5.13 and a beta of 0.05.
X Financial (NYSE:XYF - Get Free Report) last announced its quarterly earnings data on Monday, May 19th. The company reported $1.40 earnings per share (EPS) for the quarter. The company 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 company also recently declared 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. The ex-dividend date is Friday, June 20th. This represents a dividend yield of 2.6%. This is a positive change from X Financial's previous semi-annual dividend of $0.17. X Financial's dividend payout ratio (DPR) is currently 3.33%.
Institutional Trading of X Financial
An institutional investor recently raised its position in X Financial stock. Acadian Asset Management LLC grew its holdings in X Financial (NYSE:XYF - Free Report) by 29.4% in the 1st quarter, according to the company in its most recent 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 quarter. Acadian Asset Management LLC owned approximately 0.22% of X Financial worth $1,534,000 at the end of the most recent reporting period. 1.15% of the stock is 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.
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