X Financial (NYSE:XYF) Sees Large Volume Increase – Still a Buy?

Shares of X Financial (NYSE:XYFGet Free Report) saw strong trading volume on Thursday . 213,035 shares traded hands during trading, an increase of 437% from the previous session’s volume of 39,653 shares.The stock last traded at $13.50 and had previously closed at $13.16.

X Financial Stock Performance

The company has a market cap of $600.62 million, a PE ratio of 3.23 and a beta of 0.45. The business’s 50-day moving average is $9.28 and its 200 day moving average is $7.60.

X Financial (NYSE:XYFGet Free Report) last released its quarterly earnings data on Wednesday, March 19th. The company reported $1.13 EPS for the quarter. The firm had revenue of $234.09 million 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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