Jiayin Group (NASDAQ:JFIN) Reaches New 1-Year High – Here’s What Happened

Jiayin Group Inc. (NASDAQ:JFIN)’s share price reached a new 52-week high on Thursday . The stock traded as high as $10.76 and last traded at $10.13, with a volume of 66182 shares changing hands. The stock had previously closed at $9.77.

Jiayin Group Stock Up 2.5 %

The company has a market cap of $529.33 million, a price-to-earnings ratio of 3.29 and a beta of 0.78. The company’s fifty day moving average price is $8.32 and its two-hundred day moving average price is $7.05.

Institutional Trading of Jiayin Group

A number of institutional investors have recently made changes to their positions in the business. XTX Topco Ltd bought a new stake in shares of Jiayin Group in the fourth quarter worth $109,000. Renaissance Technologies LLC raised its position in Jiayin Group by 10.3% during the fourth quarter. Renaissance Technologies LLC now owns 19,291 shares of the company’s stock worth $123,000 after acquiring an additional 1,799 shares in the last quarter. Finally, LPL Financial LLC bought a new stake in Jiayin Group during the fourth quarter worth $174,000. Institutional investors own 44.08% of the company’s stock.

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.