X Financial (NYSE:XYF) Shares Gap Up – Time to Buy?

X Financial (NYSE:XYFGet Free Report) shares gapped up prior to trading on Wednesday . The stock had previously closed at $9.52, but opened at $10.00. X Financial shares last traded at $10.97, with a volume of 100,632 shares changing hands.

X Financial Price Performance

The stock has a fifty day moving average price of $8.15 and a 200-day moving average price of $6.71. The company has a market cap of $506.18 million, a PE ratio of 2.73 and a beta of 0.31.

X Financial (NYSE:XYFGet Free Report) last released its earnings results on Tuesday, November 26th. The company reported $1.24 earnings per share (EPS) for the quarter. X Financial had a return on equity of 20.66% and a net margin of 25.03%.

X Financial Company Profile

(Get Free Report)

X Financial provides personal finance services in the People’s Republic of China. The company offers services as an online marketplace connecting borrowers and investors or institutional funding partners. Its loan products include Xiaoying credit loan, which consists of Xiaoying card loan; and Xiaoying preferred loan to small business owners.

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