Yiren Digital Ltd. (NYSE:YRD - Get Free Report) saw strong trading volume on Monday . 122,377 shares were traded during mid-day trading, a decline of 7% from the previous session's volume of 132,136 shares.The stock last traded at $6.82 and had previously closed at $7.57.
Analyst Ratings Changes
Separately, StockNews.com cut Yiren Digital from a "strong-buy" rating to a "buy" rating in a report on Tuesday, November 12th.
View Our Latest Report on YRD
Yiren Digital Price Performance
The business's fifty day moving average price is $5.57 and its 200-day moving average price is $5.39. The stock has a market capitalization of $617.26 million, a PE ratio of 2.43 and a beta of 0.71.
Institutional Trading of Yiren Digital
Institutional investors and hedge funds have recently bought and sold shares of the company. AXA S.A. increased its holdings in shares of Yiren Digital by 80.7% in the fourth quarter. AXA S.A. now owns 11,562 shares of the technology company's stock worth $55,000 after purchasing an additional 5,165 shares during the period. Two Sigma Investments LP purchased a new position in Yiren Digital during the fourth quarter worth about $61,000. Invesco Ltd. bought a new position in Yiren Digital in the 4th quarter worth about $71,000. Ballentine Partners LLC purchased a new stake in shares of Yiren Digital in the 3rd quarter valued at about $78,000. Finally, Creative Planning bought a new stake in shares of Yiren Digital during the 3rd quarter valued at about $89,000. 1.99% of the stock is currently owned by hedge funds and other institutional investors.
About Yiren Digital
(
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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