X Financial Sponsored ADR (NYSE:XYF - Get Free Report) was down 8% during mid-day trading on Thursday . The stock traded as low as $16.03 and last traded at $16.07. Approximately 816,794 shares traded hands 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 Down 8.6%
The company has a 50 day simple moving average of $17.87 and a 200-day simple moving average of $13.36. The stock has a market cap of $667.44 million, a price-to-earnings ratio of 3.33 and a beta of 0.20.
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. X Financial had a return on equity of 23.30% and a net margin of 24.76%. The firm had revenue of $267.00 million for the quarter.
Institutional Trading of X Financial
A hedge fund recently raised its stake in X Financial stock. Acadian Asset Management LLC boosted its holdings in X Financial Sponsored ADR (NYSE:XYF - Free Report) by 29.4% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 107,272 shares of the company's stock after acquiring an additional 24,395 shares during the quarter. Acadian Asset Management LLC owned 0.22% of X Financial worth $1,534,000 at the end of the most recent quarter. Institutional investors and hedge funds 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.
Featured Articles
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
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
Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
