Jiayin Group Inc. (NASDAQ:JFIN - Get Free Report)'s share price gapped up before the market opened on Wednesday . The stock had previously closed at $9.28, but opened at $9.50. Jiayin Group shares last traded at $9.63, with a volume of 67,817 shares.
Jiayin Group Stock Performance
The firm's fifty day moving average price is $7.38 and its 200 day moving average price is $6.62. The firm has a market cap of $543.29 million, a P/E ratio of 3.37 and a beta of 0.89.
Institutional Trading of Jiayin Group
Hedge funds have recently modified their holdings of the company. LPL Financial LLC acquired a new position in shares of Jiayin Group during the fourth quarter worth $174,000. XTX Topco Ltd purchased a new stake in shares of Jiayin Group in the 4th quarter valued at $109,000. Finally, 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 purchasing an additional 1,799 shares during the period. 44.08% of the stock is owned by hedge funds and other institutional investors.
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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