Jiayin Group (NASDAQ:JFIN) Releases Quarterly Earnings Results

Jiayin Group (NASDAQ:JFIN) announced its quarterly earnings results on Thursday. The company reported $0.72 earnings per share (EPS) for the quarter, Zacks reports. Jiayin Group had a return on equity of 43.90% and a net margin of 19.17%.

Jiayin Group Stock Up 25.0 %

Shares of JFIN traded up $3.02 during mid-day trading on Thursday, hitting $15.12. 727,662 shares of the company’s stock traded hands, compared to its average volume of 98,979. The business’s 50-day moving average price is $9.56 and its 200-day moving average price is $7.60. Jiayin Group has a 1 year low of $4.00 and a 1 year high of $16.09. The firm has a market capitalization of $811.72 million, a P/E ratio of 5.04 and a beta of 0.78.

Jiayin Group Company Profile

Jiayin Group Inc, together with its subsidiaries, provides online consumer finance services in the People's Republic of China. The company operates a fintech platform that facilitates connections between individual borrowers and financial institutions. It also offers referral services for investment products offered by the financial service providers; and technology development and services, as well as guarantee services.