Yiren Digital Ltd. (NYSE:YRD - Get Free Report) crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $5.09 and traded as low as $4.60. Yiren Digital shares last traded at $4.80, with a volume of 116,550 shares trading hands.
Analysts Set New Price Targets
Separately, StockNews.com downgraded shares of Yiren Digital from a "strong-buy" rating to a "buy" rating in a research note on Tuesday, November 12th.
Read Our Latest Report on Yiren Digital
Yiren Digital Price Performance
The stock's 50 day moving average is $5.54 and its two-hundred day moving average is $5.09. The firm has a market cap of $412.94 million, a P/E ratio of 1.66 and a beta of 0.71.
Institutional Trading of Yiren Digital
Several institutional investors have recently bought and sold shares of YRD. Secure Asset Management LLC acquired a new position in Yiren Digital during the second quarter worth $310,000. Dimensional Fund Advisors LP grew its holdings in shares of Yiren Digital by 9.8% in the 2nd quarter. Dimensional Fund Advisors LP now owns 1,021,035 shares of the technology company's stock worth $4,626,000 after purchasing an additional 90,726 shares during the last quarter. XTX Topco Ltd acquired a new stake in shares of Yiren Digital during the 2nd quarter worth about $70,000. Acadian Asset Management LLC boosted its position in Yiren Digital by 6.3% in the second quarter. Acadian Asset Management LLC now owns 432,950 shares of the technology company's stock valued at $1,943,000 after buying an additional 25,811 shares in the last quarter. Finally, Creative Planning acquired a new stake in shares of Yiren Digital during the third quarter worth approximately $89,000. Institutional investors and hedge funds own 1.99% of the company's stock.
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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