X Financial (NYSE:XYF) Sees Unusually-High Trading Volume – Still a Buy?

Shares of X Financial (NYSE:XYFGet Free Report) saw an uptick in trading volume on Thursday . 89,674 shares traded hands during trading, an increase of 62% from the previous session’s volume of 55,379 shares.The stock last traded at $12.03 and had previously closed at $10.89.

X Financial Price Performance

The stock’s fifty day simple moving average is $8.19 and its 200-day simple moving average is $6.75. The company has a market capitalization of $506.18 million, a P/E ratio of 2.73 and a beta of 0.31.

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

About X Financial

(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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