Yiren Digital Ltd. (NYSE:YRD - Get Free Report)'s stock price gapped down before the market opened on Thursday . The stock had previously closed at $7.43, but opened at $6.62. Yiren Digital shares last traded at $6.51, with a volume of 264,284 shares traded.
Yiren Digital Price Performance
The firm has a market capitalization of $546.09 million, a P/E ratio of 2.18 and a beta of 0.76. The company has a fifty day moving average of $6.25 and a 200 day moving average of $5.99.
Yiren Digital (NYSE:YRD - Get Free Report) last posted its quarterly earnings results on Thursday, June 12th. The technology company reported $0.39 earnings per share for the quarter. The business had revenue of $214.22 million 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 firm also recently disclosed a semi-annual dividend, which was paid on Thursday, May 15th. Investors of record on Wednesday, April 30th were issued a $0.22 dividend. The ex-dividend date was Wednesday, April 30th. This is an increase from Yiren Digital's previous semi-annual dividend of $0.20. This represents a yield of 2.6%. Yiren Digital's dividend payout ratio (DPR) is 15.94%.
Institutional Trading of Yiren Digital
A number of large investors have recently modified their holdings of the business. AXA S.A. raised its position in Yiren Digital by 80.7% during the fourth quarter. AXA S.A. now owns 11,562 shares of the technology company's stock valued at $55,000 after purchasing an additional 5,165 shares in the last quarter. Public Employees Retirement System of Ohio lifted its position in Yiren Digital by 43.0% in 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 last quarter. Two Sigma Investments LP purchased a new stake in Yiren Digital in the fourth quarter worth approximately $61,000. Trexquant Investment LP boosted its stake in Yiren Digital by 48.8% in the first 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 in the last quarter. Finally, Invesco Ltd. bought a new position in Yiren Digital during the fourth quarter valued at approximately $71,000. 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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