Yirendai (NYSE:YRD) Stock Price Passes Below 50-Day Moving Average – Here’s What Happened

Yirendai Ltd. (NYSE:YRD) shares crossed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $5.91 and traded as low as $5.20. Yirendai shares last traded at $5.31, with a volume of 54,656 shares.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “hold (c)” rating on shares of Yirendai in a research report on Wednesday, October 8th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat, Yirendai currently has an average rating of “Hold”.

Yirendai Stock Performance

The stock has a 50 day moving average price of $5.91 and a 200 day moving average price of $6.10. The company has a market cap of $458.82 million, a P/E ratio of 2.58 and a beta of 0.85.

Yirendai (NYSE:YRD) last issued its quarterly earnings results on Thursday, August 21st. The technology company reported $0.57 earnings per share for the quarter. Yirendai had a return on equity of 13.42% and a net margin of 21.07%.The firm had revenue of $230.62 million for the quarter. Yirendai has set its Q3 2025 guidance at EPS.

Yirendai Announces Dividend

The company also recently disclosed a — dividend, which was paid on Wednesday, October 15th. Investors of record on Tuesday, September 30th were issued a dividend of $0.22 per share. This represents a dividend yield of 741.0%. The ex-dividend date of this dividend was Tuesday, September 30th. Yirendai’s dividend payout ratio is currently 19.42%.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the business. Catalyst Funds Management Pty Ltd raised its stake in shares of Yirendai by 13.6% in the second quarter. Catalyst Funds Management Pty Ltd now owns 15,900 shares of the technology company’s stock valued at $93,000 after acquiring an additional 1,900 shares during the last quarter. Atria Wealth Solutions Inc. acquired a new stake in Yirendai in the first quarter worth $103,000. American Century Companies Inc. increased its holdings in shares of Yirendai by 35.7% in the second quarter. American Century Companies Inc. now owns 23,799 shares of the technology company’s stock worth $140,000 after acquiring an additional 6,261 shares in the last quarter. XTX Topco Ltd acquired a new stake in Yirendai during the 1st quarter worth approximately $220,000. Finally, Trexquant Investment LP lifted its position in Yirendai by 48.8% in the 1st quarter. Trexquant Investment LP now owns 42,619 shares of the technology company’s stock valued at $293,000 after acquiring an additional 13,973 shares in the last quarter. Institutional investors and hedge funds own 1.99% of the company’s stock.

Yirendai Company Profile

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.