FinVolution Group ADR (FINV) Stock Observes 4.42% 200-Day Moving Average

The stock of FinVolution Group ADR (FINV) has seen a 5.08% increase in the past week, with a -3.18% drop in the past month, and a 5.51% flourish in the past quarter. The volatility ratio for the week is 3.13%, and the volatility levels for the past 30 days are at 3.76% for FINV. The simple moving average for the past 20 days is 2.59% for FINV’s stock, with a 4.42% simple moving average for the past 200 days.

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

The price-to-earnings ratio for FinVolution Group ADR (NYSE: FINV) is above average at 4.40x. The 36-month beta value for FINV is also noteworthy at 0.43. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”

The public float for FINV is 168.75M, and at present, short sellers hold a 0.93% of that float. The average trading volume of FINV on April 05, 2024 was 822.63K shares.

FINV) stock’s latest price update

The stock price of FinVolution Group ADR (NYSE: FINV) has jumped by 1.37 compared to previous close of 5.10. Despite this, the company has seen a gain of 5.08% in its stock price over the last five trading days. Seeking Alpha reported 2024-03-19 that FinVolution Group (FINV) Q4 2023 Earnings Call Transcript

Analysts’ Opinion of FINV

Daiwa Securities, on the other hand, stated in their research note that they expect to see FINV reach a price target of $6.70. The rating they have provided for FINV stocks is “Buy” according to the report published on July 26th, 2023.

Citigroup gave a rating of “Neutral” to FINV, setting the target price at $5.08 in the report published on March 15th of the previous year.

FINV Trading at 3.67% 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 -14.55% of loss for the given period.

Volatility was left at 3.76%, however, over the last 30 days, the volatility rate increased by 3.13%, as shares sank -0.58% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +10.23% upper at present.

During the last 5 trading sessions, FINV rose by +5.08%, which changed the moving average for the period of 200-days by +13.13% in comparison to the 20-day moving average, which settled at $5.04. In addition, FinVolution Group ADR saw 5.51% in overturn over a single year, with a tendency to cut further gains.

Stock Fundamentals for FINV

Current profitability levels for the company are sitting at:

  • 0.2 for the present operating margin
  • 0.83 for the gross margin

The net margin for FinVolution Group ADR stands at 0.19. The total capital return value is set at 0.14. Equity return is now at value 17.82, with 10.90 for asset returns.

Based on FinVolution Group ADR (FINV), the company’s capital structure generated 0.01 points at debt to capital in total, while cash flow to debt ratio is standing at 10.39. The debt to equity ratio resting at 0.01. The interest coverage ratio of the stock is -16.75.

Currently, EBITDA for the company is 2.52 billion with net debt to EBITDA at -2.23. When we switch over and look at the enterprise to sales, we see a ratio of 0.4. The receivables turnover for the company is 2.24for trailing twelve months and the total asset turnover is 0.56.

Conclusion

In summary, FinVolution Group ADR (FINV) has had a better performance as of late. Analysts have mixed opinions on the stock, with some viewing 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.

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