Yiren Digital Ltd. (NYSE:YRD - Get Free Report) saw an uptick in trading volume on Monday . 161,623 shares traded hands during mid-day trading, an increase of 10% from the previous session's volume of 146,475 shares.The stock last traded at $7.52 and had previously closed at $7.00.
Yiren Digital Trading Down 8.9%
The company has a 50-day simple moving average of $6.25 and a 200 day simple moving average of $5.99. The firm has a market cap of $584.97 million, a PE ratio of 2.33 and a beta of 0.76.
Yiren Digital (NYSE:YRD - Get Free Report) last released its quarterly earnings data on Thursday, June 12th. The technology company reported $0.39 EPS for the quarter. Yiren Digital had a return on equity of 20.85% and a net margin of 32.37%.
Yiren Digital Increases Dividend
The business also recently disclosed a semi-annual dividend, which was paid on Thursday, May 15th. Shareholders of record on Wednesday, April 30th were given a $0.22 dividend. This represents a yield of 2.6%. The ex-dividend date of this dividend was Wednesday, April 30th. This is a positive change from Yiren Digital's previous semi-annual dividend of $0.20. Yiren Digital's dividend payout ratio is currently 15.94%.
Institutional Investors Weigh In On Yiren Digital
Several hedge funds have recently bought and sold shares of the stock. AXA S.A. boosted its position in Yiren Digital by 80.7% in the 4th quarter. AXA S.A. now owns 11,562 shares of the technology company's stock worth $55,000 after purchasing an additional 5,165 shares in the last quarter. Public Employees Retirement System of Ohio raised its stake in shares of Yiren Digital by 43.0% during the 4th quarter. Public Employees Retirement System of Ohio now owns 38,528 shares of the technology company's stock worth $185,000 after buying an additional 11,583 shares during the period. Two Sigma Investments LP acquired a new position in shares of Yiren Digital during the 4th quarter worth approximately $61,000. Trexquant Investment LP raised its stake in shares of Yiren Digital by 48.8% during the 1st quarter. Trexquant Investment LP now owns 42,619 shares of the technology company's stock worth $293,000 after buying an additional 13,973 shares during the period. Finally, Invesco Ltd. acquired a new position in shares of Yiren Digital during the 4th quarter worth approximately $71,000. Hedge funds and other institutional investors own 1.99% of the company's stock.
About Yiren Digital
(
Get Free Report)
Yiren Digital Ltd. provides financial services through an AI-powered platform in China. Its platform provides a suite of financial and lifestyle services. The company offers financial services, which provides a portfolio of loan products to borrowers; insurance brokerage services; and consumption and lifestyle services, including non-financial products and services to meet various consumer needs.
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