Shares of Yiren Digital Ltd. (NYSE:YRD - Get Free Report) were up 7.9% on Friday . The stock traded as high as $7.28 and last traded at $7.36. Approximately 35,307 shares traded hands during mid-day trading, a decline of 72% from the average daily volume of 125,307 shares. The stock had previously closed at $6.82.
Yiren Digital Stock Performance
The company has a market capitalization of $705.78 million, a P/E ratio of 2.77 and a beta of 0.65. The firm has a 50 day moving average price of $6.12 and a two-hundred day moving average price of $5.59.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently modified their holdings of the business. Dimensional Fund Advisors LP boosted its holdings in shares of Yiren Digital by 2.9% in the 4th quarter. Dimensional Fund Advisors LP now owns 1,088,920 shares of the technology company's stock worth $5,225,000 after acquiring an additional 30,641 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. lifted its holdings in 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 worth $1,641,000 after buying an additional 85,414 shares in the last quarter. Public Employees Retirement System of Ohio lifted its holdings in Yiren Digital by 43.0% during the 4th quarter. Public Employees Retirement System of Ohio now owns 38,528 shares of the technology company's stock worth $185,000 after buying an additional 11,583 shares in the last quarter. Trexquant Investment LP acquired a new position in Yiren Digital during the 4th quarter worth $138,000. Finally, American Century Companies Inc. acquired a new position in Yiren Digital during the 4th quarter worth $107,000. 1.99% of the stock is owned by institutional investors and hedge funds.
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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