Shares of 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 Performance
The stock has a market capitalization of $776.27 million, a P/E ratio of 4.90 and a beta of 0.05. The business has a fifty day simple moving average of $14.26 and a 200-day simple moving average of $10.80.
X Financial (NYSE:XYF - Get Free Report) last posted its quarterly earnings results on Monday, May 19th. The company reported $1.40 EPS 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 company also recently disclosed a semi-annual dividend, which will be paid on Wednesday, July 2nd. Stockholders of record on Friday, June 20th will be issued a dividend of $0.25 per share. This is an increase from X Financial's previous semi-annual dividend of $0.17. The ex-dividend date of this dividend is Friday, June 20th. This represents a dividend yield of 2.6%. X Financial's payout ratio is currently 3.33%.
Institutional Inflows and Outflows
An institutional investor recently bought a new position in X Financial stock. Hhlr Advisors LTD. bought a new position in shares of X Financial (NYSE:XYF - Free Report) in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 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. Institutional investors and hedge funds 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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