In the past week, FINV stock has gone down by -22.47%, with a monthly decline of -31.73% and a quarterly plunge of -21.36%. The volatility ratio for the week is 8.58%, and the volatility levels for the last 30 days are 4.26% for FinVolution Group The simple moving average for the last 20 days is -25.39% for FINV stock, with a simple moving average of -19.79% for the last 200 days.
Is It Worth Investing in FinVolution Group (NYSE: FINV) Right Now?
FinVolution Group (NYSE: FINV) has a price-to-earnings ratio that is above its average at 3.32x. and a 36-month beta value of 0.64.
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The public float for FINV is 133.73M, and at present, short sellers hold a 0.62% of that float. On March 16, 2023, the average trading volume of FINV was 840.40K shares.
FINV) stock’s latest price update
FinVolution Group (NYSE: FINV)’s stock price has decreased by -14.70 compared to its previous closing price of 4.49. Despite this, the company has seen a loss of -22.47% in its stock price over the last five trading days.
Analysts’ Opinion of FINV
In the past week, FINV stock has gone down by -22.47%, with a monthly decline of -31.73% and a quarterly plunge of -21.36%. The volatility ratio for the week is 8.58%, and the volatility levels for the last 30 days are 4.26% for FinVolution Group The simple moving average for the last 20 days is -25.39% for FINV stock, with a simple moving average of -19.79% for the last 200 days.
Analysts’ Opinion of FINV
Many brokerage firms have already submitted their reports for FINV stocks, with Citigroup repeating the rating for FINV by listing it as a “Neutral.” The predicted price for FINV in the upcoming period, according to Citigroup is $5.08 based on the research report published on March 15th of the current year 2023.
China Renaissance gave a rating of “Buy” to FINV, setting the target price at $6.20 in the report published on September 29th of the previous year.
FINV Trading at -28.21% from the 50-Day Moving Average
After a stumble in the market that brought FINV to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -35.28% of loss for the given period.
Volatility was left at 4.26%, however, over the last 30 days, the volatility rate increased by 8.58%, as shares sank -32.21% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -22.78% lower at present.
During the last 5 trading sessions, FINV fell by -22.47%, which changed the moving average for the period of 200-days by -9.67% in comparison to the 20-day moving average, which settled at $5.04. In addition, FinVolution Group saw -22.78% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for FINV
Current profitability levels for the company are sitting at:
- +28.08 for the present operating margin
- +79.42 for the gross margin
The net margin for FinVolution Group stands at +26.04. Equity return is now at value 21.20, with 12.10 for asset returns.
Conclusion
To sum up, FinVolution Group (FINV) has seen a bad performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
