FinVolution Group (NYSE:FINV – Get Free Report) hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $8.97 and last traded at $8.85, with a volume of 16966 shares changing hands. The stock had previously closed at $8.71.
FinVolution Group Stock Up 1.9 %
The company’s 50-day moving average price is $7.81 and its 200-day moving average price is $6.77. The firm has a market cap of $2.35 billion, a price-to-earnings ratio of 7.63 and a beta of 0.47.
Institutional Trading of FinVolution Group
Several institutional investors have recently modified their holdings of FINV. WealthCollab LLC boosted its position in FinVolution Group by 8.5% during the fourth quarter. WealthCollab LLC now owns 18,708 shares of the company’s stock worth $127,000 after acquiring an additional 1,459 shares during the last quarter. SYM FINANCIAL Corp boosted its position in FinVolution Group by 14.4% during the fourth quarter. SYM FINANCIAL Corp now owns 13,543 shares of the company’s stock worth $92,000 after acquiring an additional 1,706 shares during the last quarter. LPL Financial LLC boosted its position in FinVolution Group by 5.3% during the fourth quarter. LPL Financial LLC now owns 44,870 shares of the company’s stock worth $305,000 after acquiring an additional 2,257 shares during the last quarter. Geode Capital Management LLC boosted its position in FinVolution Group by 4.4% during the third quarter. Geode Capital Management LLC now owns 74,723 shares of the company’s stock worth $462,000 after acquiring an additional 3,164 shares during the last quarter. Finally, Lester Murray Antman dba SimplyRich boosted its position in FinVolution Group by 8.0% during the fourth quarter. Lester Murray Antman dba SimplyRich now owns 45,307 shares of the company’s stock worth $307,000 after acquiring an additional 3,348 shares during the last quarter. Institutional investors and hedge funds own 31.15% of the company’s stock.
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.
Further Reading
- Five stocks we like better than FinVolution Group
- There Are Different Types of Stock To Invest In
- Disney Stock: 4 Key Metrics Validating Its Comeback
- How is Compound Interest Calculated?
- Resilient Investing: 3 Stocks Built to Weather Market Volatility
- Why Special Dividends Can be a Delightful Surprise for Income Investors
- Gold Breaks $3,000: What’s Driving the Rally and How to Invest?
Receive News & Ratings for FinVolution Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for FinVolution Group and related companies with MarketBeat.com's FREE daily email newsletter.
