Qifu Technology, Inc. (NASDAQ:QFIN – Get Free Report)’s stock price reached a new 52-week high during trading on Monday . The stock traded as high as $25.39 and last traded at $25.36, with a volume of 1195817 shares traded. The stock had previously closed at $25.02.
Qifu Technology Stock Performance
The stock’s fifty day simple moving average is $20.90 and its two-hundred day simple moving average is $19.32. The stock has a market capitalization of $4.13 billion, a P/E ratio of 6.63, a price-to-earnings-growth ratio of 0.45 and a beta of 0.61.
Qifu Technology Increases Dividend
The business also recently announced a semi-annual dividend, which will be paid on Friday, November 1st. Investors of record on Friday, September 27th will be given a dividend of $0.60 per share. This is a positive change from Qifu Technology’s previous semi-annual dividend of $0.57. This represents a yield of 4.7%. The ex-dividend date of this dividend is Friday, September 27th. Qifu Technology’s dividend payout ratio (DPR) is currently 30.57%.
Institutional Trading of Qifu Technology
Qifu Technology Company Profile
Qifu Technology, Inc, through its subsidiaries, operates credit-tech platform under the 360 Jietiao brand in the People's Republic of China. It provides credit-driven services that matches borrowers with financial institutions to conduct customer acquisition, initial and credit screening, advanced risk assessment, credit assessment, fund matching, and other post-facilitation services; and platform services, including loan facilitation and post-facilitation services to financial institution partners under intelligence credit engine, referral services, and risk management software-as-a-service.
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