X Financial Sponsored ADR (NYSE:XYF - Get Free Report)'s share price dropped 8% during mid-day trading on Thursday . The company traded as low as $16.03 and last traded at $16.07. Approximately 816,794 shares were traded during trading, an increase of 243% from the average daily volume of 238,391 shares. The stock had previously closed at $17.47.
X Financial Stock Performance
The stock has a market cap of $580.74 million, a price-to-earnings ratio of 2.90 and a beta of 0.20. The firm's 50-day simple moving average is $17.88 and its two-hundred day simple moving average is $13.54.
X Financial (NYSE:XYF - Get Free Report) last posted its quarterly earnings data on Monday, May 19th. The company reported $1.40 earnings per share for the quarter. The firm had revenue of $267.00 million during the quarter. X Financial had a net margin of 24.76% and a return on equity of 23.30%.
Institutional Inflows and Outflows
An institutional investor recently bought a new position in X Financial stock. Hhlr Advisors LTD. acquired a new position in shares of X Financial Sponsored ADR (NYSE:XYF - Free Report) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 50,000 shares of the company's stock, valued at approximately $720,000. Hhlr Advisors LTD. owned about 0.10% of X Financial at the end of the most recent reporting period. 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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