Jiayin Group Inc. (NASDAQ:JFIN – Get Free Report) shares hit a new 52-week high during trading on Saturday . The stock traded as high as $12.00 and last traded at $11.82, with a volume of 330531 shares traded. The stock had previously closed at $9.83.
Jiayin Group Stock Performance
The company has a 50 day moving average of $8.70 and a 200 day moving average of $7.22. The stock has a market capitalization of $634.56 million, a price-to-earnings ratio of 3.94 and a beta of 0.78.
Institutional Investors Weigh In On Jiayin Group
A number of hedge funds have recently modified their holdings of the business. LPL Financial LLC purchased a new stake in Jiayin Group during the 4th quarter valued at about $174,000. Renaissance Technologies LLC boosted its holdings in shares of Jiayin Group by 10.3% during the 4th quarter. Renaissance Technologies LLC now owns 19,291 shares of the company’s stock worth $123,000 after purchasing an additional 1,799 shares during the last quarter. Finally, XTX Topco Ltd purchased a new stake in shares of Jiayin Group in the fourth quarter valued at approximately $109,000. 44.08% of the stock is currently owned by institutional investors and hedge funds.
Jiayin Group Company Profile
Jiayin Group Inc, together with its subsidiaries, provides online consumer finance services in the People's Republic of China. The company operates a fintech platform that facilitates connections between individual borrowers and financial institutions. It also offers referral services for investment products offered by the financial service providers; and technology development and services, as well as guarantee services.
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