Yirendai (NYSE:YRD) Share Price Passes Below 50-Day Moving Average - What's Next?

Key Points

• Yirendai Ltd. shares have fallen below their fifty-day moving average of $6.01, last trading at $5.92 amidst a volume of 21,662 shares.
• The company reported earnings of $0.57 EPS for the last quarter, with revenues of $230.62 million and a net margin of 21.07%.
• Yirendai recently paid a $0.22 dividend, translating to an impressive yield of 741.0%, solidifying its dividend payout ratio at 19.42%.

Yirendai Ltd. (NYSE:YRD - Get Free Report)'s stock price passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $6.01 and traded as low as $5.87. Yirendai shares last traded at $5.92, with a volume of 21,662 shares trading hands.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reiterated a "hold (c)" rating on shares of Yirendai in a research report on Friday. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, Yirendai has an average rating of "Hold".

Yirendai Stock Performance

The company has a 50 day moving average of $6.01 and a 200 day moving average of $6.10. The stock has a market capitalization of $511.09 million, a price-to-earnings ratio of 2.87 and a beta of 0.82.

Yirendai (NYSE:YRD - Get Free Report) last posted its quarterly earnings data on Thursday, August 21st. The technology company reported $0.57 EPS for the quarter. Yirendai had a return on equity of 13.42% and a net margin of 21.07%.The firm had revenue of $230.62 million during the quarter. Yirendai has set its Q3 2025 guidance at EPS.

Yirendai Dividend Announcement

The company also recently disclosed a -- dividend, which was paid on Wednesday, October 15th. Investors of record on Tuesday, September 30th were paid a $0.22 dividend. This represents a yield of 741.0%. The ex-dividend date of this dividend was Tuesday, September 30th. Yirendai's dividend payout ratio is currently 19.42%.

Institutional Trading of Yirendai

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Catalyst Funds Management Pty Ltd increased its stake in shares of Yirendai by 13.6% in the 2nd quarter. Catalyst Funds Management Pty Ltd now owns 15,900 shares of the technology company's stock worth $93,000 after acquiring an additional 1,900 shares during the last quarter. American Century Companies Inc. increased its stake in shares of Yirendai by 35.7% in the 2nd quarter. American Century Companies Inc. now owns 23,799 shares of the technology company's stock worth $140,000 after acquiring an additional 6,261 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. increased its stake in shares of Yirendai by 3.3% in the 2nd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 407,125 shares of the technology company's stock worth $2,390,000 after acquiring an additional 13,138 shares during the last quarter. Trexquant Investment LP increased its stake in shares of Yirendai by 48.8% in the 1st quarter. Trexquant Investment LP now owns 42,619 shares of the technology company's stock worth $293,000 after acquiring an additional 13,973 shares during the last quarter. Finally, Atria Wealth Solutions Inc. acquired a new stake in shares of Yirendai in the 1st quarter worth $103,000. 1.99% of the stock is owned by institutional investors and hedge funds.

About Yirendai

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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