X Financial (NYSE:XYF - Get Free Report) fell 4.8% on Monday . The stock traded as low as $17.71 and last traded at $17.87. 179,973 shares changed hands during trading, an increase of 78% from the average session volume of 101,383 shares. The stock had previously closed at $18.78.
X Financial Stock Performance
The company has a market cap of $776.27 million, a price-to-earnings ratio of 4.90 and a beta of 0.05. The company has a fifty day moving average of $14.26 and a two-hundred day moving average of $10.80.
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 for the quarter. X Financial had a return on equity of 20.66% and a net margin of 25.03%. The company had revenue of $267.00 million for the quarter.
X Financial Increases Dividend
The company also recently disclosed a semi-annual dividend, which will be paid on Wednesday, July 2nd. Investors 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 dividend payout ratio (DPR) is 3.33%.
Institutional Inflows and Outflows
An institutional investor recently raised its position in X Financial stock. Acadian Asset Management LLC raised its stake in shares of X Financial (NYSE:XYF - Free Report) by 29.4% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 107,272 shares of the company's stock after purchasing an additional 24,395 shares during the period. Acadian Asset Management LLC owned 0.22% of X Financial worth $1,534,000 at the end of the most recent quarter. 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.
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