X Financial (NYSE:XYF - Get Free Report) dropped 6.2% during mid-day trading on Monday . The stock traded as low as $12.84 and last traded at $12.81. Approximately 28,759 shares traded hands during trading, a decline of 61% from the average daily volume of 73,219 shares. The stock had previously closed at $13.65.
X Financial Price Performance
The firm has a market capitalization of $668.82 million, a price-to-earnings ratio of 3.61 and a beta of 0.05. The business's fifty day simple moving average is $12.85 and its 200 day simple moving average is $9.56.
X Financial (NYSE:XYF - Get Free Report) last issued its earnings results on Wednesday, March 19th. The company reported $1.13 EPS 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 $234.09 million during the quarter.
X Financial Increases Dividend
The company also recently announced a semi-annual dividend, which will be paid on Wednesday, July 2nd. Investors of record on Friday, June 20th will be issued a $0.25 dividend. This is a boost from X Financial's previous semi-annual dividend of $0.17. This represents a dividend yield of 2.6%. The ex-dividend date of this dividend is Friday, June 20th. X Financial's dividend payout ratio (DPR) is currently 7.36%.
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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