Jiayin Group (NASDAQ:JFIN) Shares Up 2.3% – Here’s Why

Shares of Jiayin Group Inc. Sponsored ADR (NASDAQ:JFIN) rose 2.3% during mid-day trading on Thursday . The company traded as high as $4.19 and last traded at $4.01. Approximately 84,608 shares changed hands during mid-day trading, an increase of 7% from the average daily volume of 79,237 shares. The stock had previously closed at $3.92.

Analysts Set New Price Targets

Separately, Weiss Ratings cut Jiayin Group from a “hold (c)” rating to a “hold (c-)” rating in a report on Wednesday, May 6th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the stock has a consensus rating of “Hold”.

Jiayin Group Stock Up 2.3%

The firm’s 50 day moving average is $4.38 and its two-hundred day moving average is $5.59. The stock has a market cap of $209.84 million, a price-to-earnings ratio of 0.98 and a beta of 0.83. The company has a current ratio of 1.88, a quick ratio of 1.88 and a debt-to-equity ratio of 0.12.

Jiayin Group (NASDAQ:JFIN) last released its earnings results on Wednesday, April 1st. The company reported $0.28 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.17 by $0.11. Jiayin Group had a net margin of 24.60% and a return on equity of 37.45%. The company had revenue of $155.82 million for the quarter, compared to analyst estimates of $53.38 million.

Hedge Funds Weigh In On Jiayin Group

Several institutional investors and hedge funds have recently modified their holdings of the company. Raymond James Financial Inc. purchased a new position in shares of Jiayin Group during the second quarter valued at approximately $63,000. BNP Paribas Financial Markets purchased a new stake in Jiayin Group in the 3rd quarter worth approximately $70,000. Cooper Investors PTY Ltd. purchased a new stake in Jiayin Group in the 4th quarter worth approximately $56,000. SmartHarvest Portfolios LLC acquired a new position in Jiayin Group in the 1st quarter valued at $46,000. Finally, Renaissance Technologies LLC raised its holdings in Jiayin Group by 10.2% in the 1st quarter. Renaissance Technologies LLC now owns 132,300 shares of the company’s stock valued at $554,000 after acquiring an additional 12,300 shares during the last quarter. Hedge funds and other institutional investors own 44.08% of the company’s stock.

Jiayin Group Company Profile

Jiayin Group (NASDAQ: JFIN) is a China-based, technology-driven consumer finance marketplace that connects individual borrowers with institutional lenders. The company’s online platform leverages proprietary credit scoring models, big data analytics and AI‐powered risk management tools to streamline the loan application, approval and disbursement processes. By integrating end-to-end services—including borrower acquisition, credit assessment, loan servicing and collection—Jiayin Group provides a comprehensive fintech solution for unsecured personal loans.

Through its platform, Jiayin Group offers financial institutions access to an underserved segment of the consumer credit market, particularly in third- and fourth‐tier cities across China.