Shares of FinVolution Group (NYSE:FINV – Get Free Report) gapped down prior to trading on Wednesday . The stock had previously closed at $5.70, but opened at $5.56. FinVolution Group shares last traded at $5.57, with a volume of 62,277 shares changing hands.
FinVolution Group Stock Performance
The company has a market cap of $1.49 billion, a price-to-earnings ratio of 5.15 and a beta of 0.44. The company’s 50 day moving average price is $5.10 and its 200 day moving average price is $5.01.
FinVolution Group (NYSE:FINV – Get Free Report) last released its quarterly earnings results on Tuesday, August 20th. The company reported $0.30 EPS for the quarter. FinVolution Group had a return on equity of 16.91% and a net margin of 17.15%. The business had revenue of $435.93 million for the quarter.
Institutional Investors Weigh In On FinVolution Group
About FinVolution Group
FinVolution Group operates in the online consumer finance industry. The company operates a fintech platform that is empowered by borrowers with financial institutions. It operates in China and internationally. The company was formerly known as PPDAI Group Inc and changed its name to FinVolution Group in November 2019.
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