X Financial (NYSE:XYF - Get Free Report) shares saw unusually-high trading volume on Tuesday . Approximately 85,628 shares traded hands during mid-day trading, a decline of 11% from the previous session's volume of 95,929 shares.The stock last traded at $17.37 and had previously closed at $17.27.
X Financial Stock Up 0.4%
The business has a fifty day simple moving average of $14.10 and a 200 day simple moving average of $10.55. The company has a market cap of $787.55 million, a price-to-earnings ratio of 4.97 and a beta of 0.05.
X Financial (NYSE:XYF - Get Free Report) last released its earnings results on Monday, May 19th. The company reported $1.40 EPS for the quarter. The company had revenue of $267.00 million during 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. This represents a dividend yield of 2.6%. The ex-dividend date is Friday, June 20th. This is an increase from X Financial's previous semi-annual dividend of $0.17. X Financial's payout ratio is 3.33%.
Institutional Inflows and Outflows
A hedge fund recently raised its stake in X Financial stock. Acadian Asset Management LLC lifted its position in shares of X Financial (NYSE:XYF - Free Report) by 29.4% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 107,272 shares of the company's stock after buying 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 quarter. 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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