Jiayin Group Inc. (NASDAQ:JFIN - Get Free Report) shares dropped 2.1% during mid-day trading on Tuesday . The company traded as low as $6.40 and last traded at $6.40. Approximately 59,180 shares changed hands during trading, a decline of 22% from the average daily volume of 76,304 shares. The stock had previously closed at $6.54.
Jiayin Group Stock Up 1.6 %
The stock has a market cap of $351.64 million, a PE ratio of 2.13 and a beta of 0.88. The company's fifty day moving average is $6.73 and its 200 day moving average is $6.22.
Institutional Trading of Jiayin Group
A hedge fund recently bought a new stake in Jiayin Group stock. Ariadne Wealth Management LP acquired a new position in shares of Jiayin Group Inc. (NASDAQ:JFIN - Free Report) during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 5,023 shares of the company's stock, valued at approximately $31,000. 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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