X Financial (NYSE:XYF - Get Free Report) shares saw strong trading volume on Tuesday . 85,628 shares changed hands during 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 Trading Up 9.4%
The company has a market capitalization of $782.87 million, a PE ratio of 4.94 and a beta of 0.05. The company has a fifty day simple moving average of $13.99 and a 200-day simple moving average of $10.46.
X Financial (NYSE:XYF - Get Free Report) last released its quarterly earnings data on Monday, May 19th. The company reported $1.40 earnings per share (EPS) for the quarter. The firm had revenue of $267.00 million during the quarter. X Financial had a net margin of 25.03% and a return on equity of 20.66%.
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 given a dividend of $0.25 per share. This represents a dividend yield of 2.6%. The ex-dividend date of this dividend is Friday, June 20th. This is a positive change from X Financial's previous semi-annual dividend of $0.17. X Financial's payout ratio is presently 3.33%.
Institutional Inflows and Outflows
An institutional investor recently bought a new position in X Financial stock. Hhlr Advisors LTD. purchased a new stake in X Financial (NYSE:XYF - Free Report) during the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 50,000 shares of the company's stock, valued at approximately $720,000. Hhlr Advisors LTD. owned about 0.10% of X Financial as of its most recent SEC filing. Hedge funds and other institutional investors 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.
Recommended Stories
Before you consider X Financial, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and X Financial wasn't on the list.
While X Financial currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Market downturns give many investors pause, and for good reason. Wondering how to offset this risk? Enter your email address to learn more about using beta to protect your portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
