FinVolution Group ADR (FINV) Shares Soar Above 1-Year High

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The stock of FinVolution Group ADR (NYSE: FINV) has increased by 3.07 when compared to last closing price of 6.18. Despite this, the company has experienced a 12.74% gain in its stock price over the last five trading sessions. seekingalpha.com reported 2024-09-18 that I am bullish on FinVolution Group due to its diverse market reach, robust risk management strategies, and commitment to shareholder value through dividends and share buybacks. The stock is undervalued with a P/E ratio of 4.82x and a NAV/share of $7.64, presenting a good entry opportunity. FinVolution’s expansion into emerging markets like the Philippines and Indonesia, coupled with its mature Chinese market, ensures both short- and long-term growth.

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 5.76x compared to its average ratio, The 36-month beta value for FINV is at 0.45. Analysts have varying views on the stock, with 4 analysts rating it as a “buy,” 3 rating it as “overweight,” 1 as “hold,” and 0 as “sell.”

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The public float for FINV is 145.95M, and currently, shorts hold a 1.13% of that float. The average trading volume for FINV on October 02, 2024 was 620.79K shares.

FINV’s Market Performance

The stock of FinVolution Group ADR (FINV) has seen a 12.74% increase in the past week, with a 20.19% rise in the past month, and a 31.61% gain in the past quarter. The volatility ratio for the week is 3.72%, and the volatility levels for the past 30 days are at 2.42% for FINV. The simple moving average for the past 20 days is 16.93% for FINV’s stock, with a 26.68% simple moving average for the past 200 days.

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 17.43% 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 -1.20% of loss for the given period.

Volatility was left at 2.42%, however, over the last 30 days, the volatility rate increased by 3.72%, as shares surge +21.10% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +26.14% upper at present.

During the last 5 trading sessions, FINV rose by +12.74%, which changed the moving average for the period of 200-days by +41.24% in comparison to the 20-day moving average, which settled at $5.50. In addition, FinVolution Group ADR saw 30.00% in overturn over a single year, with a tendency to cut further gains.

Insider Trading

Reports are indicating that there were more than several insider trading activities at FINV starting from Jun Zhang, who proposed sale 500,000 shares at the price of $5.25 back on Sep 03 ’24. After this action, Jun Zhang now owns shares of FinVolution Group ADR, valued at $2,625,000 using the latest closing price.

Ho Simon Tak Leung, the Officer of FinVolution Group ADR, proposed sale 444,630 shares at $5.79 during a trade that took place back on Aug 26 ’24, which means that Ho Simon Tak Leung is holding shares at $2,574,407 based on the most recent closing price.

Stock Fundamentals for FINV

Current profitability levels for the company are sitting at:

  • 0.28 for the present operating margin
  • 0.82 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 16.15, 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 75.11.

Currently, EBITDA for the company is 2.45 billion with net debt to EBITDA at -2.52. When we switch over and look at the enterprise to sales, we see a ratio of 0.45. The receivables turnover for the company is 2.2for trailing twelve months and the total asset turnover is 0.58.

Conclusion

In conclusion, FinVolution Group ADR (FINV) has had a better performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.

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