Yirendai Ltd. (NYSE:YRD - Get Free Report) passed below its fifty day moving average during trading on Friday . The stock has a fifty 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 Down 1.0%
The stock has a fifty day moving average of $6.37 and a 200-day moving average of $6.08. The stock has a market cap of $507.23 million, a PE ratio of 2.74 and a beta of 0.76.
Yirendai (NYSE:YRD - Get Free Report) last released its quarterly earnings results on Thursday, June 12th. The technology company reported $0.39 earnings per share (EPS) for the quarter. Yirendai had a return on equity of 14.33% and a net margin of 22.48%. The firm had revenue of $214.22 million for the quarter.
Hedge Funds Weigh In On Yirendai
Hedge funds and other institutional investors have recently made changes to their positions in the stock. Two Sigma Investments LP purchased a new position in shares of Yirendai during the fourth quarter worth about $61,000. American Century Companies Inc. purchased a new stake in Yirendai in the 4th quarter valued at approximately $107,000. Invesco Ltd. purchased a new stake in Yirendai in the 4th quarter valued at approximately $71,000. Connor Clark & Lunn Investment Management Ltd. boosted its holdings in Yirendai by 33.3% in the 4th quarter. Connor Clark & Lunn Investment Management Ltd. now owns 341,877 shares of the technology company's stock valued at $1,641,000 after purchasing an additional 85,414 shares in the last quarter. Finally, Public Employees Retirement System of Ohio boosted its holdings in Yirendai by 43.0% in the 4th quarter. Public Employees Retirement System of Ohio now owns 38,528 shares of the technology company's stock valued at $185,000 after purchasing an additional 11,583 shares in the last quarter. Hedge funds and other institutional investors own 1.99% of the company's stock.
About Yirendai
(
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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