Jiayin Group Inc ADR (JFIN) Shares Plummet Below 1-Year High

The stock of Jiayin Group Inc ADR (NASDAQ: JFIN) has decreased by -8.92 when compared to last closing price of 7.51.Despite this, the company has seen a loss of -7.57% in its stock price over the last five trading days. seekingalpha.com reported 2024-10-08 that Jiayin’s stock has delivered a 44.8% total return since my Buy rating, driven by a 33.99% price return. Despite mixed Q2 2024 results, I remain bullish, expecting a 15% revenue CAGR and margin expansion, leading to potential 30% annual returns. Jiayin’s growth is supported by increased loan facilitation volume, AI integration, and international expansion, with a strong cash position of RMB880.2 million.

Is It Worth Investing in Jiayin Group Inc ADR (NASDAQ: JFIN) Right Now?

The price-to-earnings ratio for Jiayin Group Inc ADR (NASDAQ: JFIN) is 2.19x, which is above its average ratio. Moreover, the 36-month beta value for JFIN is 0.84. Analysts have varying opinions on the stock, with 1 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”

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On October 16, 2024, JFIN’s average trading volume was 119.44K shares.

JFIN’s Market Performance

The stock of Jiayin Group Inc ADR (JFIN) has seen a -7.57% decrease in the past week, with a 24.59% rise in the past month, and a 10.32% gain in the past quarter. The volatility ratio for the week is 7.59%, and the volatility levels for the past 30 days are at 8.33% for JFIN. The simple moving average for the past 20 days is -0.51% for JFIN’s stock, with a 11.22% simple moving average for the past 200 days.

Analysts’ Opinion of JFIN

Many brokerage firms have already submitted their reports for JFIN stocks, with ROTH Capital repeating the rating for JFIN by listing it as a “Buy.” The predicted price for JFIN in the upcoming period, according to ROTH Capital is $5.75 based on the research report published on December 01, 2020 of the previous year 2020.

JFIN Trading at 12.91% from the 50-Day Moving Average

After a stumble in the market that brought JFIN to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -20.28% of loss for the given period.

Volatility was left at 8.33%, however, over the last 30 days, the volatility rate increased by 7.59%, as shares surge +23.24% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +44.92% upper at present.

During the last 5 trading sessions, JFIN fell by -7.57%, which changed the moving average for the period of 200-days by +34.38% in comparison to the 20-day moving average, which settled at $6.88. In addition, Jiayin Group Inc ADR saw 32.05% in overturn over a single year, with a tendency to cut further gains.

Stock Fundamentals for JFIN

Current profitability levels for the company are sitting at:

  • 0.19 for the present operating margin
  • 0.56 for the gross margin

The net margin for Jiayin Group Inc ADR stands at 0.2. The total capital return value is set at 0.35. Equity return is now at value 52.38, with 23.96 for asset returns.

Currently, EBITDA for the company is 1.15 billion with net debt to EBITDA at -0.71. When we switch over and look at the enterprise to sales, we see a ratio of 0.28. The receivables turnover for the company is 1.81for trailing twelve months and the total asset turnover is 1.09.

Conclusion

To wrap up, the performance of Jiayin Group Inc ADR (JFIN) has been better in recent times. The stock has received a bullish of “buy” and “hold” ratings from analysts. 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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