Yiren Digital Ltd. (NYSE:YRD - Get Free Report) shares passed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $6.62 and traded as low as $6.39. Yiren Digital shares last traded at $6.54, with a volume of 83,668 shares.
Yiren Digital Stock Down 2.0 %
The stock's fifty day simple moving average is $6.56 and its 200-day simple moving average is $5.85. The company has a market capitalization of $563.22 million, a PE ratio of 2.21 and a beta of 0.77.
Yiren Digital (NYSE:YRD - Get Free Report) last released its quarterly earnings data on Thursday, March 20th. The technology company reported $0.52 earnings per share for the quarter. The firm had revenue of $198.95 million during 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 will be paid on Thursday, May 15th. Investors of record on Wednesday, April 30th will be paid a $0.22 dividend. This represents a yield of 2.6%. This is a boost from Yiren Digital's previous semi-annual dividend of $0.20. The ex-dividend date is Wednesday, April 30th. Yiren Digital's dividend payout ratio is presently 15.94%.
Hedge Funds Weigh In On Yiren Digital
Several hedge funds have recently added to or reduced their stakes in YRD. AXA S.A. grew its position in shares of Yiren Digital by 80.7% in 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 during the last quarter. Two Sigma Investments LP acquired a new stake in Yiren Digital during the 4th quarter valued at $61,000. Invesco Ltd. purchased a new position in Yiren Digital during the fourth quarter worth $71,000. American Century Companies Inc. acquired a new position in shares of Yiren Digital in the fourth quarter worth $107,000. Finally, Trexquant Investment LP purchased a new stake in shares of Yiren Digital in the fourth quarter valued at $138,000. 1.99% of the stock is currently owned by hedge funds and other institutional investors.
Yiren Digital Company Profile
(
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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