Jiayin Group Inc. (NASDAQ:JFIN - Get Free Report)'s stock price was up 4.2% during mid-day trading on Tuesday . The company traded as high as $13.05 and last traded at $13.18. Approximately 106,011 shares changed hands during trading, a decline of 21% from the average daily volume of 134,361 shares. The stock had previously closed at $12.65.
Jiayin Group Price Performance
The stock has a 50 day simple moving average of $9.27 and a 200-day simple moving average of $7.45. The firm has a market cap of $623.82 million, a PE ratio of 3.87 and a beta of 0.78.
Institutional Inflows and Outflows
Large investors have recently added to or reduced their stakes in the stock. Renaissance Technologies LLC raised its stake 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 during the last quarter. LPL Financial LLC bought a new stake in shares of Jiayin Group in the 4th quarter worth $174,000. Finally, XTX Topco Ltd bought a new stake in shares of Jiayin Group in the 4th quarter worth $109,000. Hedge funds and other institutional investors 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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