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Jiayin Group (NASDAQ:JFIN) Sees Strong Trading Volume - Here's What Happened

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Jiayin Group Inc. (NASDAQ:JFIN - Get Free Report) saw an uptick in trading volume on Friday . 151,777 shares were traded during trading, an increase of 53% from the previous session's volume of 99,133 shares.The stock last traded at $14.25 and had previously closed at $14.84.

Jiayin Group Stock Performance

The stock's fifty day simple moving average is $9.97 and its two-hundred day simple moving average is $7.80. The company has a market cap of $727.43 million, a price-to-earnings ratio of 4.52 and a beta of 0.78.

Jiayin Group (NASDAQ:JFIN - Get Free Report) last issued its earnings results on Thursday, March 27th. The company reported $0.72 earnings per share for the quarter. The firm had revenue of $192.42 million for the quarter. Jiayin Group had a return on equity of 43.90% and a net margin of 19.17%.

Institutional Trading of Jiayin Group

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Renaissance Technologies LLC lifted its position in Jiayin Group by 10.3% during the fourth quarter. Renaissance Technologies LLC now owns 19,291 shares of the company's stock valued at $123,000 after buying an additional 1,799 shares in the last quarter. XTX Topco Ltd acquired a new position in shares of Jiayin Group during the 4th quarter valued at $109,000. Finally, LPL Financial LLC purchased a new stake in Jiayin Group during the 4th quarter worth $174,000. Institutional investors and hedge funds own 44.08% of the company's stock.

About Jiayin Group

(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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