Shares of Jiayin Group Inc. (NASDAQ:JFIN - Get Free Report) hit a new 52-week high during mid-day trading on Saturday . The stock traded as high as $12.00 and last traded at $11.82, with a volume of 330531 shares traded. The stock had previously closed at $9.83.
Jiayin Group Stock Performance
The firm has a market cap of $692.54 million, a P/E ratio of 4.30 and a beta of 0.78. The business's 50-day simple moving average is $8.82 and its 200 day simple moving average is $7.27.
Institutional Trading of Jiayin Group
A number of hedge funds have recently bought and sold shares of JFIN. XTX Topco Ltd purchased a new position in Jiayin Group in the fourth quarter worth about $109,000. Renaissance Technologies LLC lifted its stake in shares of Jiayin Group by 10.3% in the 4th quarter. Renaissance Technologies LLC now owns 19,291 shares of the company's stock worth $123,000 after purchasing an additional 1,799 shares during the period. Finally, LPL Financial LLC purchased a new position in shares of Jiayin Group in the fourth quarter worth approximately $174,000. Hedge funds and other institutional investors own 44.08% of the company's stock.
About Jiayin Group
(
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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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