X Financial (NYSE:XYF - Get Free Report) traded up 0.9% during trading on Monday . The stock traded as high as $6.65 and last traded at $6.61. 15,782 shares changed hands during trading, a decline of 31% from the average session volume of 22,829 shares. The stock had previously closed at $6.55.
X Financial Trading Up 3.5 %
The company's 50-day moving average is $5.90 and its 200 day moving average is $4.79. The firm has a market cap of $334.68 million, a PE ratio of 1.78 and a beta of 0.31.
X Financial (NYSE:XYF - Get Free Report) last posted its quarterly earnings results on Wednesday, August 21st. The company reported $1.00 earnings per share (EPS) for the quarter. X Financial had a net margin of 25.38% and a return on equity of 20.63%. The business had revenue of $188.88 million during the quarter.
X Financial Dividend Announcement
The company also recently disclosed a -- dividend, which was paid on Friday, September 27th. Investors of record on Wednesday, September 4th were issued a dividend of $0.17 per share. The ex-dividend date was Wednesday, September 4th. This represents a dividend yield of 7%. X Financial's dividend payout ratio is 8.77%.
Institutional Investors Weigh In On X Financial
A hedge fund recently raised its stake in X Financial stock. Acadian Asset Management LLC boosted its holdings in shares of X Financial (NYSE:XYF - Free Report) by 19.9% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 45,594 shares of the company's stock after buying an additional 7,552 shares during the quarter. Acadian Asset Management LLC owned about 0.10% of X Financial worth $172,000 at the end of the most recent quarter. Institutional investors own 1.15% of the company's stock.
About X Financial
(
Get Free Report)
X Financial provides personal finance services in the People's Republic of China. The company offers services as an online marketplace connecting borrowers and investors or institutional funding partners. Its loan products include Xiaoying credit loan, which consists of Xiaoying card loan; and Xiaoying preferred loan to small business owners.
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