Yirendai Ltd. (NYSE:YRD - Get Free Report)'s share price crossed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $6.37 and traded as low as $5.80. Yirendai shares last traded at $5.87, with a volume of 53,173 shares.
Yirendai Stock Up 2.4%
The company has a market capitalization of $519.41 million, a price-to-earnings ratio of 2.81 and a beta of 0.72. The business's 50-day moving average is $6.37 and its 200-day moving average is $6.11.
Yirendai (NYSE:YRD - Get Free Report) last released its quarterly earnings data on Thursday, June 12th. The technology company reported $0.39 earnings per share for the quarter. The business had revenue of $214.22 million during the quarter. Yirendai had a return on equity of 14.33% and a net margin of 22.48%.
Institutional Inflows and Outflows
Institutional investors have recently bought and sold shares of the stock. Trexquant Investment LP grew its stake in shares of Yirendai 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 purchasing an additional 13,973 shares during the period. Connor Clark & Lunn Investment Management Ltd. boosted its holdings in Yirendai by 15.2% during the first quarter. Connor Clark & Lunn Investment Management Ltd. now owns 393,987 shares of the technology company's stock worth $2,711,000 after buying an additional 52,110 shares in the last quarter. Atria Wealth Solutions Inc. purchased a new stake in Yirendai during the first quarter worth $103,000. XTX Topco Ltd acquired a new stake in Yirendai during the first quarter valued at $220,000. Finally, Public Employees Retirement System of Ohio grew its position in Yirendai by 43.0% during the fourth quarter. Public Employees Retirement System of Ohio now owns 38,528 shares of the technology company's stock valued at $185,000 after buying an additional 11,583 shares during the period. 1.99% of the stock is currently owned by hedge funds and other institutional investors.
Yirendai 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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