Shares of Jiayin Group Inc. (NASDAQ:JFIN - Get Free Report) rose 5.5% during trading on Wednesday . The company traded as high as $12.18 and last traded at $12.38. Approximately 40,073 shares traded hands during trading, a decline of 58% from the average daily volume of 95,709 shares. The stock had previously closed at $11.74.
Jiayin Group Price Performance
The firm's fifty day simple moving average is $9.84 and its 200 day simple moving average is $7.73. The company has a market capitalization of $748.91 million, a price-to-earnings ratio of 4.65 and a beta of 0.78.
Jiayin Group (NASDAQ:JFIN - Get Free Report) last posted its quarterly earnings data on Thursday, March 27th. The company reported $0.72 EPS for the quarter. The firm had revenue of $192.42 million during the quarter. Jiayin Group had a net margin of 19.17% and a return on equity of 43.90%.
Institutional Inflows and Outflows
Several large investors have recently added to or reduced their stakes in JFIN. XTX Topco Ltd purchased a new position in Jiayin Group in the fourth quarter valued at about $109,000. Renaissance Technologies LLC raised 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 acquiring an additional 1,799 shares in the last quarter. Finally, LPL Financial LLC acquired a new stake in Jiayin Group in the fourth quarter valued at approximately $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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