FinVolution Group (NYSE:FINV) Issues Earnings Results

FinVolution Group (NYSE:FINV) announced its quarterly earnings results on Monday. The company reported $0.38 earnings per share (EPS) for the quarter, Zacks reports. FinVolution Group had a return on equity of 16.66% and a net margin of 17.36%.

FinVolution Group Price Performance

NYSE FINV traded up $0.46 on Monday, reaching $9.17. The stock had a trading volume of 2,277,094 shares, compared to its average volume of 690,041. The company has a market cap of $2.43 billion, a P/E ratio of 7.90 and a beta of 0.47. The firm has a fifty day moving average of $7.81 and a two-hundred day moving average of $6.77. FinVolution Group has a 1-year low of $4.45 and a 1-year high of $10.40.

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.