X Financial (NYSE:XYF - Get Free Report) shares gapped down before the market opened on Monday . The stock had previously closed at $15.90, but opened at $15.01. X Financial shares last traded at $14.93, with a volume of 71,210 shares.
X Financial Trading Down 17.5 %
The business has a 50-day moving average price of $10.82 and a 200 day moving average price of $8.33. The stock has a market capitalization of $621.85 million, a P/E ratio of 3.35 and a beta of -0.10.
X Financial (NYSE:XYF - Get Free Report) last posted its quarterly earnings data on Wednesday, March 19th. The company reported $1.13 EPS for the quarter. X Financial had a net margin of 25.03% and a return on equity of 20.66%. The company had revenue of $234.09 million during the quarter.
X Financial Increases Dividend
The company 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 is Friday, June 20th. This represents a dividend yield of 2.6%. X Financial's payout ratio is presently 7.36%.
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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