X Financial (NYSE:XYF) Reaches New 1-Year High - Still a Buy?

Shares of X Financial (NYSE:XYF - Get Free Report) reached a new 52-week high during trading on Thursday . The stock traded as high as $15.49 and last traded at $15.17, with a volume of 501806 shares traded. The stock had previously closed at $13.00.

X Financial Stock Performance

The company has a market capitalization of $704.29 million, a price-to-earnings ratio of 3.80 and a beta of 0.45. The company has a fifty day simple moving average of $10.37 and a two-hundred day simple moving average of $8.16.

X Financial (NYSE:XYF - Get Free Report) last announced its quarterly earnings data on Wednesday, March 19th. The company reported $1.13 EPS for the quarter. X Financial had a return on equity of 20.66% and a net margin of 25.03%. The business had revenue of $234.09 million during the quarter.

X Financial Increases Dividend

The firm also recently declared a semi-annual dividend, which will be paid on Wednesday, July 2nd. Investors of record on Friday, June 20th will be issued a $0.25 dividend. This is a positive change from X Financial's previous semi-annual dividend of $0.17. The ex-dividend date of this dividend is Friday, June 20th. This represents a yield of 2.6%. X Financial's dividend payout ratio (DPR) is presently 7.36%.

X Financial Company Profile

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.