Shares of X Financial (NYSE:XYF - Get Free Report) traded down 3.9% during mid-day trading on Monday . The stock traded as low as $13.03 and last traded at $13.08. 230,789 shares traded hands during mid-day trading, an increase of 437% from the average session volume of 42,960 shares. The stock had previously closed at $13.60.
X Financial Price Performance
The stock has a market capitalization of $769.31 million, a P/E ratio of 4.15 and a beta of 0.45. The stock's fifty day moving average is $10.07 and its 200-day moving average is $7.96.
X Financial (NYSE:XYF - Get Free Report) last issued its quarterly earnings data on Wednesday, March 19th. The company reported $1.13 earnings per share for the quarter. X Financial had a net margin of 25.03% and a return on equity of 20.66%. The business had revenue of $234.09 million during the quarter.
X Financial Increases Dividend
The business also recently disclosed a semi-annual dividend, which will be paid on Wednesday, July 2nd. Stockholders of record on Friday, June 20th will be given a dividend of $0.25 per share. The ex-dividend date is Friday, June 20th. This represents a dividend yield of 2.6%. This is a positive change from X Financial's previous semi-annual dividend of $0.17. X Financial's dividend payout ratio is currently 7.36%.
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.
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