FinVolution Group ADR (NYSE: FINV)’s stock price has gone decline by -9.73 in comparison to its previous close of 5.14, however, the company has experienced a -6.64% decrease in its stock price over the last five trading days. PRNewsWire reported 2023-11-08 that -Earnings Call Scheduled for 7:30 p.m. ET on November 20, 2023- SHANGHAI, Nov. 8, 2023 /PRNewswire/ — FinVolution Group (“FinVolution”, or the “Company”) (NYSE: FINV), a leading fintech platform, today announced that it will report its third quarter 2023 unaudited financial results, on Monday, November 20, 2023, after the close of U.S. markets.

Is It Worth Investing in FinVolution Group ADR (NYSE: FINV) Right Now?

FinVolution Group ADR (NYSE: FINV) has a higher price-to-earnings ratio of 3.93x compared to its average ratio. compared to its average ratio and a 36-month beta value of 0.73. Analysts have mixed views on the stock, with 8 analysts rating it as a “buy,” 0 as “overweight,” 1 as “hold,” and 0 as “sell.”

The average price point forecasted by analysts for FinVolution Group ADR (FINV) is $47.90, which is $2.02 above the current market price. The public float for FINV is 168.75M, and currently, short sellers hold a 0.48% ratio of that float. The average trading volume of FINV on November 21, 2023 was 868.16K shares.

FINV’s Market Performance

The stock of FinVolution Group ADR (FINV) has seen a -6.64% decrease in the past week, with a -0.43% drop in the past month, and a -8.48% fall in the past quarter. The volatility ratio for the week is 3.04%, and the volatility levels for the past 30 days are at 2.71% for FINV. The simple moving average for the past 20 days is -4.18% for FINV’s stock, with a -2.07% simple moving average for the past 200 days.

Analysts’ Opinion of FINV

Many brokerage firms have already submitted their reports for FINV stocks, with Daiwa Securities repeating the rating for FINV by listing it as a “Buy.” The predicted price for FINV in the upcoming period, according to Daiwa Securities is $6.70 based on the research report published on July 26, 2023 of the current year 2023.

FINV Trading at -5.24% 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 -23.31% of loss for the given period.

Volatility was left at 2.71%, however, over the last 30 days, the volatility rate increased by 3.04%, as shares sank -4.09% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -10.29% lower at present.

During the last 5 trading sessions, FINV fell by -7.95%, which changed the moving average for the period of 200-days by -18.45% in comparison to the 20-day moving average, which settled at $4.83. In addition, FinVolution Group ADR saw -6.45% 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:

• +22.99 for the present operating margin
• +80.28 for the gross margin

The net margin for FinVolution Group ADR stands at +19.91. The total capital return value is set at 22.20, while invested capital returns managed to touch 19.33. Equity return is now at value 19.09, with 11.21 for asset returns.

Based on FinVolution Group ADR (FINV), the company’s capital structure generated 1.43 points at debt to equity in total, while total debt to capital is 1.41. Total debt to assets is 0.83, with long-term debt to equity ratio resting at 1.43. Finally, the long-term debt to capital ratio is 1.41.

When we switch over and look at the enterprise to sales, we see a ratio of -0.31, with the company’s debt to enterprise value settled at 0.48. The receivables turnover for the company is 3.30 and the total asset turnover is 0.57.

Conclusion

To put it simply, FinVolution Group ADR (FINV) has had a bad performance in recent times. Analysts have a bullish opinion on the stock, with some rating 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.