Yiren Digital Ltd. (NYSE:YRD – Get Free Report) shares gapped up prior to trading on Wednesday . The stock had previously closed at $8.07, but opened at $8.30. Yiren Digital shares last traded at $8.21, with a volume of 31,804 shares traded.
Yiren Digital Price Performance
The company has a 50-day moving average of $6.18 and a 200 day moving average of $5.62. The company has a market cap of $736.05 million, a PE ratio of 2.90 and a beta of 0.65.
Institutional Trading of Yiren Digital
Several institutional investors and hedge funds have recently modified their holdings of YRD. AXA S.A. grew its holdings in Yiren Digital by 80.7% in the fourth quarter. AXA S.A. now owns 11,562 shares of the technology company’s stock worth $55,000 after purchasing an additional 5,165 shares during the last quarter. XTX Topco Ltd raised its position in shares of Yiren Digital by 34.5% in the third quarter. XTX Topco Ltd now owns 20,657 shares of the technology company’s stock worth $118,000 after acquiring an additional 5,294 shares during the period. Public Employees Retirement System of Ohio raised its position in shares of Yiren Digital by 43.0% in the fourth quarter. Public Employees Retirement System of Ohio now owns 38,528 shares of the technology company’s stock worth $185,000 after acquiring an additional 11,583 shares during the period. Two Sigma Investments LP acquired a new position in shares of Yiren Digital during the 4th quarter worth about $61,000. Finally, Invesco Ltd. acquired a new position in shares of Yiren Digital during the 4th quarter worth about $71,000. Institutional investors own 1.99% of the company’s stock.
About Yiren Digital
Yiren Digital Ltd. provides financial services through an AI-powered platform in China. Its platform provides a suite of financial and lifestyle services. The company offers financial services, which provides a portfolio of loan products to borrowers; insurance brokerage services; and consumption and lifestyle services, including non-financial products and services to meet various consumer needs.
Read More
- Five stocks we like better than Yiren Digital
- What is a penny stock? A comprehensive guide
- 3 Cash Cow Stocks Leading Their Sectors in Free Cash Flow Margins
- The Basics of Support and Resistance
- Retail Sales Data Signals a Surge: The E-Commerce Stock Picks
- What is a Dividend Harvesting Strategy and How Can Investors Profit from it?
- Qualcomm’s Low PE Ratio Makes It A Seriously Attractive Stock
Receive News & Ratings for Yiren Digital Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Yiren Digital and related companies with MarketBeat.com's FREE daily email newsletter.
