Jiayin Group (NASDAQ:JFIN) Sets New 12-Month High – Should You Buy?

Jiayin Group Inc. (NASDAQ:JFIN) reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as $14.50 and last traded at $13.95, with a volume of 84476 shares trading hands. The stock had previously closed at $12.10.

Jiayin Group Trading Down 6.0 %

The firm has a market cap of $748.91 million, a price-to-earnings ratio of 4.65 and a beta of 0.78. The firm’s 50-day moving average is $9.84 and its 200-day moving average is $7.71.

Jiayin Group (NASDAQ:JFIN) last posted its earnings results on Thursday, March 27th. The company reported $0.72 EPS for the quarter. Jiayin Group had a net margin of 19.17% and a return on equity of 43.90%. The company had revenue of $192.42 million during the quarter.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. LPL Financial LLC purchased a new stake in Jiayin Group in the 4th quarter valued at $174,000. XTX Topco Ltd bought a new stake in shares of Jiayin Group in the 4th quarter worth $109,000. Finally, Renaissance Technologies LLC raised its holdings in shares of Jiayin Group by 10.3% in the fourth quarter. Renaissance Technologies LLC now owns 19,291 shares of the company’s stock valued at $123,000 after purchasing an additional 1,799 shares during the last quarter. 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.