The stock of FinVolution Group ADR (FINV) has seen a -3.62% decrease in the past week, with a -2.41% drop in the past month, and a -5.39% decrease in the past quarter. The volatility ratio for the week is 1.37%, and the volatility levels for the past 30 days are at 1.69% for FINV. The simple moving average for the last 20 days is -1.88% for FINV’s stock, with a simple moving average of -4.38% for the last 200 days.
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 4.23x compared to its average ratio, The 36-month beta value for FINV is at 0.44. Analysts have varying views on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 as “hold,” and 0 as “sell.”
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The public float for FINV is 145.96M, and currently, shorts hold a 1.05% of that float. The average trading volume for FINV on June 27, 2024 was 641.75K shares.
FINV) stock’s latest price update
FinVolution Group ADR (NYSE: FINV)’s stock price has dropped by -2.41 in relation to previous closing price of 4.77. Nevertheless, the company has seen a loss of -3.62% in its stock price over the last five trading days. prnewswire.com reported 2024-06-24 that SHANGHAI, June 24, 2024 /PRNewswire/ — FinVolution Group, a leading fintech company, has been awarded the “Best Consumer Lending Technology Implementation in China” alongside CITIC Consumer Finance at the Asian Banker China Awards 2024. This award acknowledges FinVolution’s dedication to providing innovative technology to financial institution partners.
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 -3.84% 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 -23.06% of loss for the given period.
Volatility was left at 1.69%, however, over the last 30 days, the volatility rate increased by 1.37%, as shares sank -1.27% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -0.85% lower at present.
During the last 5 trading sessions, FINV fell by -3.31%, which changed the moving average for the period of 200-days by -7.89% in comparison to the 20-day moving average, which settled at $4.74. In addition, FinVolution Group ADR saw -5.00% 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:
- 0.28 for the present operating margin
- 0.83 for the gross margin
The net margin for FinVolution Group ADR stands at 0.17. The total capital return value is set at 0.2. Equity return is now at value 16.30, with 9.99 for asset returns.
Based on FinVolution Group ADR (FINV), the company’s capital structure generated 0.0 points at debt to capital in total, while cash flow to debt ratio is standing at 58.4.
Currently, EBITDA for the company is 2.45 billion with net debt to EBITDA at -2.72. When we switch over and look at the enterprise to sales, we see a ratio of 0.21. The receivables turnover for the company is 2.61for trailing twelve months and the total asset turnover is 0.59.
Conclusion
In conclusion, FinVolution Group ADR (FINV) has had a bad performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others 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.
