X Financial (NYSE:XYF) Releases Earnings Results

X Financial (NYSE:XYF) posted its quarterly earnings results on Wednesday. The company reported $1.13 EPS for the quarter, Zacks reports. X Financial had a return on equity of 20.66% and a net margin of 25.03%.

X Financial Stock Performance

Shares of X Financial stock traded up $0.05 during trading on Wednesday, reaching $13.14. 434,538 shares of the company’s stock were exchanged, compared to its average volume of 84,674. X Financial has a 1-year low of $3.48 and a 1-year high of $13.42. The firm’s 50-day moving average price is $9.17 and its 200 day moving average price is $7.57. The company has a market cap of $642.89 million, a P/E ratio of 3.47 and a beta of 0.45.

About X Financial

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.