Jiayin Group Inc. (NASDAQ:JFIN - Get Free Report) reached a new 52-week high on Thursday . The stock traded as high as $10.51 and last traded at $10.44, with a volume of 113193 shares changing hands. The stock had previously closed at $10.12.
Jiayin Group Price Performance
The stock has a 50 day moving average price of $7.68 and a 200-day moving average price of $6.74. The stock has a market capitalization of $533.63 million, a price-to-earnings ratio of 3.31 and a beta of 0.89.
Institutional Investors Weigh In On Jiayin Group
Hedge funds have recently modified their holdings of the business. LPL Financial LLC purchased a new stake in Jiayin Group during the 4th quarter valued at about $174,000. Renaissance Technologies LLC grew its position in shares of Jiayin Group by 10.3% in the fourth quarter. Renaissance Technologies LLC now owns 19,291 shares of the company's stock valued at $123,000 after purchasing an additional 1,799 shares in the last quarter. Finally, XTX Topco Ltd acquired a new stake in shares of Jiayin Group in the fourth quarter valued at approximately $109,000. 44.08% of the stock is currently owned by institutional investors and hedge funds.
Jiayin Group Company Profile
(
Get Free Report)
Jiayin Group Inc, together with its subsidiaries, provides online consumer finance services in the People's Republic of China. The company operates a fintech platform that facilitates connections between individual borrowers and financial institutions. It also offers referral services for investment products offered by the financial service providers; and technology development and services, as well as guarantee services.
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