Jiayin Group Inc. (NASDAQ:JFIN - Get Free Report) shares dropped 6.6% on Friday . The stock traded as low as $11.20 and last traded at $11.23. Approximately 137,714 shares traded hands during trading, a decline of 4% from the average daily volume of 144,094 shares. The stock had previously closed at $12.02.
Jiayin Group Stock Down 0.3 %
The stock has a market cap of $637.78 million, a PE ratio of 3.96 and a beta of 0.78. The stock has a fifty day moving average of $9.37 and a 200-day moving average of $7.52.
Hedge Funds Weigh In On Jiayin Group
A number of large investors have recently modified their holdings of JFIN. LPL Financial LLC purchased a new position in Jiayin Group in the fourth quarter worth $174,000. Renaissance Technologies LLC increased its holdings 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 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 about $109,000. 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.
Recommended Stories
Before you consider Jiayin Group, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Jiayin Group wasn't on the list.
While Jiayin Group currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Just getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
