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

Shares of X Financial (NYSE:XYFGet Free Report) saw strong trading volume on Thursday . 89,674 shares changed 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 Trading Up 1.1 %

The company has a market capitalization of $538.72 million, a P/E ratio of 2.91 and a beta of 0.31. The firm’s 50 day moving average price is $8.09 and its two-hundred day moving average price is $6.68.

X Financial (NYSE:XYFGet Free Report) last posted its quarterly earnings results on Tuesday, November 26th. The company reported $1.24 earnings per share (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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