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X Financial (NYSE:XYF) Shares Gap Up - Should You Buy?

X Financial logo with Finance background
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X Financial (NYSE:XYF - Get Free Report)'s stock price gapped up before the market opened on Wednesday . The stock had previously closed at $9.52, but opened at $10.00. X Financial shares last traded at $10.97, with a volume of 100,632 shares trading hands.

X Financial Price Performance

The company has a 50 day moving average price of $8.19 and a 200-day moving average price of $6.77. The stock has a market capitalization of $506.18 million, a PE ratio of 2.73 and a beta of 0.31.

X Financial (NYSE:XYF - Get Free Report) last issued its earnings results on Tuesday, November 26th. The company reported $1.24 earnings per share (EPS) for the quarter. X Financial had a net margin of 25.03% and a return on equity of 20.66%.

X Financial Company Profile

(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.

Further Reading

Should You Invest $1,000 in X Financial Right Now?

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