Yiren Digital Ltd. (NYSE:YRD - Get Free Report)'s share price crossed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $5.16 and traded as low as $4.73. Yiren Digital shares last traded at $4.77, with a volume of 126,462 shares.
Wall Street Analyst Weigh In
Separately, StockNews.com cut shares of Yiren Digital from a "strong-buy" rating to a "buy" rating in a research report on Tuesday, November 12th.
View Our Latest Report on YRD
Yiren Digital Trading Down 1.7 %
The company has a market cap of $407.94 million, a P/E ratio of 1.60 and a beta of 0.72. The firm has a 50-day moving average of $5.15 and a 200 day moving average of $5.08.
Institutional Investors Weigh In On Yiren Digital
Large investors have recently added to or reduced their stakes in the company. XTX Topco Ltd raised its holdings in shares of Yiren Digital by 34.5% during the 3rd quarter. XTX Topco Ltd now owns 20,657 shares of the technology company's stock valued at $118,000 after buying an additional 5,294 shares in the last quarter. Dimensional Fund Advisors LP raised its stake in shares of Yiren Digital by 9.8% during the second quarter. Dimensional Fund Advisors LP now owns 1,021,035 shares of the technology company's stock valued at $4,626,000 after acquiring an additional 90,726 shares during the last quarter. Acadian Asset Management LLC grew its stake in shares of Yiren Digital by 6.3% in the second quarter. Acadian Asset Management LLC now owns 432,950 shares of the technology company's stock worth $1,943,000 after purchasing an additional 25,811 shares during the last quarter. Creative Planning bought a new stake in shares of Yiren Digital in the third quarter worth about $89,000. Finally, Ballentine Partners LLC purchased a new stake in Yiren Digital in the 3rd quarter worth approximately $78,000. Hedge funds and other institutional investors own 1.99% of the company's stock.
About Yiren Digital
(
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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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