X Financial (NYSE:XYF) Hits New 52-Week High – Still a Buy?

X Financial (NYSE:XYF)’s stock price hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $10.34 and last traded at $10.31, with a volume of 168838 shares trading hands. The stock had previously closed at $8.65.

X Financial Price Performance

The stock has a 50 day moving average price of $8.04 and a 200-day moving average price of $6.65. The stock has a market capitalization of $474.33 million, a P/E ratio of 2.56 and a beta of 0.31.

X Financial (NYSE:XYF) last posted its earnings results on Tuesday, November 26th. The company reported $1.24 earnings per share (EPS) for the quarter. X Financial had a return on equity of 20.66% and a net margin of 25.03%.

X Financial Company Profile

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.