X Financial (NYSE:XYF) Sees Large Volume Increase – Time to Buy?

X Financial (NYSE:XYFGet Free Report) shares saw an uptick in trading volume on Wednesday . 33,188 shares traded hands during mid-day trading, a decline of 1% from the previous session’s volume of 33,393 shares.The stock last traded at $11.05 and had previously closed at $9.91.

X Financial Stock Up 11.5 %

The business has a 50-day moving average price of $8.48 and a two-hundred day moving average price of $7.07. The firm has a market cap of $540.39 million, a PE ratio of 2.91 and a beta of 0.45.

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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