X Financial (NYSE:XYF) Sees Unusually-High Trading Volume – Here’s What Happened

X Financial (NYSE:XYFGet Free Report) shares saw strong trading volume on Friday . 164,780 shares changed hands during mid-day trading, an increase of 375% from the previous session’s volume of 34,718 shares.The stock last traded at $11.98 and had previously closed at $11.50.

X Financial Stock Up 4.4 %

The firm has a market capitalization of $587.60 million, a P/E ratio of 3.17 and a beta of 0.45. The firm has a 50 day moving average of $8.89 and a 200-day moving average of $7.36.

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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