Shares of X Financial (NYSE:XYF - Get Free Report) traded down 2.4% during trading on Monday . The company traded as low as $7.05 and last traded at $7.05. 23,322 shares traded hands during trading, a decline of 25% from the average session volume of 31,175 shares. The stock had previously closed at $7.22.
X Financial Price Performance
The company's 50-day simple moving average is $7.39 and its two-hundred day simple moving average is $5.95. The firm has a market capitalization of $344.93 million, a P/E ratio of 1.86 and a beta of 0.34.
Institutional Trading of X Financial
An institutional investor recently raised its position in X Financial stock. Acadian Asset Management LLC lifted its position in shares of X Financial (NYSE:XYF - Free Report) by 23.4% during the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 56,278 shares of the company's stock after buying an additional 10,684 shares during the quarter. Acadian Asset Management LLC owned approximately 0.12% of X Financial worth $237,000 at the end of the most recent quarter. 1.15% of the stock is owned by hedge funds and other institutional investors.
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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