Do Jiayin Group Inc ADR (NASDAQ: JFIN) Provide Stability And Growth?

Jiayin Group Inc ADR (NASDAQ:JFIN) price on Tuesday, December 24, fall -3.27% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $6.22.

A look at the stock’s price movement, the close in the last trading session was $6.43, moving within a range at $5.78 and $6.42. The beta value (5-Year monthly) was 0.854 while the PE ratio in trailing twelve months stood at 2.08. Turning to its 52-week performance, $8.58 and $4.00 were the 52-week high and 52-week low respectively. Overall, JFIN moved 5.96% over the past month.

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Jiayin Group Inc ADR’s market cap currently stands at around $161.91 million, with investors looking forward to this quarter’s earnings report slated for in January. The company has a Forward Dividend ratio of 0.90, with its dividend yield at 14.47%. As such, investors might be keen on an upside in the stock’s price ahead of the scheduled earnings report.

Turning to the stock’s technical picture we see that short term indicators suggest on average that JFIN is a Hold. On the other hand, the stock is on average a 50% Buy as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.

JFIN’s current price about -3.57% and -4.68% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 44.89, while 7-day volatility ratio is 7.97% and 5.61% in the 30-day chart. Further, Jiayin Group Inc ADR (JFIN) has a beta value of 0.89, and an average true range (ATR) of 0.39.

If we refocus on Jiayin Group Inc ADR (NASDAQ:JFIN), historical trading data shows that trading volumes averaged 0.21 over the past 10 days and 94.52K over the past 3 months. The company’s latest data on shares outstanding shows there are 26.03 million shares.

Also important is the data on short interest which shows that short shares stood at 25097.0 on 2024-10-31, giving us a short ratio of 0.15. The data shows that as of 2024-10-31 short interest in Jiayin Group Inc ADR (JFIN) stood at 22.0 of shares outstanding, with shares short falling to 27115.0 registered in 2024-09-30. Current price change has pushed the stock 20.08% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the JFIN stock continues to rise going into the next quarter.

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