Jiayin Group (NASDAQ:JFIN) Announces Earnings Results

Jiayin Group (NASDAQ:JFIN) issued its quarterly earnings results on Wednesday. The company reported $0.37 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.33 by $0.04, Yahoo Finance reports. Jiayin Group had a net margin of 24.75% and a negative return on equity of 123.60%. During the same quarter last year, the business posted $0.23 EPS.

Shares of NASDAQ:JFIN traded down $0.20 during midday trading on Friday, reaching $3.60. The company’s stock had a trading volume of 34,611 shares, compared to its average volume of 1,495,742. The firm has a market capitalization of $194.49 million, a PE ratio of 2.88 and a beta of 1.23. Jiayin Group has a twelve month low of $3.01 and a twelve month high of $14.95. The stock has a fifty day moving average of $3.88 and a 200 day moving average of $4.54.

Separately, Zacks Investment Research lowered shares of Jiayin Group from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, October 26th.

Several large investors have recently added to or reduced their stakes in the company. Renaissance Technologies LLC acquired a new stake in shares of Jiayin Group in the third quarter worth $329,000. Dimensional Fund Advisors LP acquired a new stake in shares of Jiayin Group in the third quarter worth $198,000. Finally, Citadel Advisors LLC increased its stake in shares of Jiayin Group by 15.8% in the second quarter. Citadel Advisors LLC now owns 23,895 shares of the company’s stock worth $126,000 after acquiring an additional 3,256 shares during the period. Hedge funds and other institutional investors own 0.22% of the company’s stock.

Jiayin Group Company Profile

Jiayin Group, Inc engages in online individual finance marketplace in China connecting individual investors and individual borrowers. The company was founded by Dinggui Yan and is headquartered in Shanghai, China.

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Earnings History for Jiayin Group (NASDAQ:JFIN)

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