Yiren Digital Ltd. (NYSE:YRD - Get Free Report) saw unusually-strong trading volume on Monday . Approximately 243,146 shares traded hands during mid-day trading, an increase of 70% from the previous session's volume of 142,767 shares.The stock last traded at $8.12 and had previously closed at $7.34.
Yiren Digital Stock Performance
The firm has a market capitalization of $605.77 million, a PE ratio of 2.38 and a beta of 0.65. The company's 50 day simple moving average is $6.30 and its 200-day simple moving average is $5.65.
Yiren Digital (NYSE:YRD - Get Free Report) last issued its quarterly earnings results on Thursday, March 20th. The technology company reported $0.52 EPS for the quarter. The firm had revenue of $198.95 million for the quarter. Yiren Digital had a net margin of 32.37% and a return on equity of 20.85%.
Hedge Funds Weigh In On Yiren Digital
A number of institutional investors have recently made changes to their positions in YRD. Connor Clark & Lunn Investment Management Ltd. grew its holdings in shares of Yiren Digital by 33.3% during the 4th quarter. Connor Clark & Lunn Investment Management Ltd. now owns 341,877 shares of the technology company's stock valued at $1,641,000 after purchasing an additional 85,414 shares during the last quarter. Dimensional Fund Advisors LP grew its holdings in shares of Yiren Digital by 2.9% during the 4th quarter. Dimensional Fund Advisors LP now owns 1,088,920 shares of the technology company's stock valued at $5,225,000 after purchasing an additional 30,641 shares during the last quarter. Trexquant Investment LP bought a new position in shares of Yiren Digital during the 4th quarter valued at $138,000. Public Employees Retirement System of Ohio bought a new position in shares of Yiren Digital during the 3rd quarter valued at $153,000. Finally, American Century Companies Inc. bought a new position in shares of Yiren Digital during the 4th quarter valued at $107,000. Institutional investors own 1.99% of the company's stock.
Yiren Digital Company Profile
(
Get Free Report)
Yiren Digital Ltd. provides financial services through an AI-powered platform in China. Its platform provides a suite of financial and lifestyle services. The company offers financial services, which provides a portfolio of loan products to borrowers; insurance brokerage services; and consumption and lifestyle services, including non-financial products and services to meet various consumer needs.
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