FinVolution Group (NYSE:FINV) Posts Earnings Results

FinVolution Group (NYSE:FINV) announced its quarterly earnings data on Monday. The company reported $0.38 EPS for the quarter, Zacks reports. FinVolution Group had a net margin of 17.36% and a return on equity of 16.66%.

FinVolution Group Trading Up 5.2 %

NYSE FINV traded up $0.46 during trading on Monday, reaching $9.17. The company’s stock had a trading volume of 2,277,094 shares, compared to its average volume of 689,989. The business has a 50-day moving average price of $7.81 and a 200-day moving average price of $6.77. FinVolution Group has a 1-year low of $4.45 and a 1-year high of $10.40. The stock has a market capitalization of $2.43 billion, a PE ratio of 7.90 and a beta of 0.47.

About FinVolution Group

FinVolution Group operates in the online consumer finance industry. The company operates a fintech platform that is empowered by borrowers with financial institutions. It operates in China and internationally. The company was formerly known as PPDAI Group Inc and changed its name to FinVolution Group in November 2019.