Yintech Investment Holdings Ltd – (YIN) Given $13.50 Consensus Price Target by Analysts

Yintech Investment Holdings Ltd – (NASDAQ:YIN) has been given an average broker rating score of 1.00 (Strong Buy) from the one brokers that cover the company, Zacks Investment Research reports. One analyst has rated the stock with a strong buy rating.

Brokers have set a one year consensus price objective of $13.50 for the company, according to Zacks. Zacks has also given Yintech Investment an industry rank of 30 out of 265 based on the ratings given to related companies.

Several research firms have weighed in on YIN. ValuEngine lowered Yintech Investment from a “strong-buy” rating to a “buy” rating in a report on Friday, February 2nd. Zacks Investment Research upgraded Yintech Investment from a “strong sell” rating to a “hold” rating in a report on Saturday, February 3rd. Finally, BidaskClub upgraded Yintech Investment from a “strong sell” rating to a “sell” rating in a report on Tuesday, January 30th.

Shares of Yintech Investment (YIN) traded up $0.70 during trading hours on Friday, hitting $10.29. The company had a trading volume of 296,757 shares, compared to its average volume of 93,212. Yintech Investment has a twelve month low of $8.51 and a twelve month high of $22.97. The stock has a market capitalization of $706.20 and a price-to-earnings ratio of 5.47.

Yintech Investment (NASDAQ:YIN) last announced its quarterly earnings data on Wednesday, November 29th. The financial services provider reported $0.16 earnings per share (EPS) for the quarter. Yintech Investment had a return on equity of 26.59% and a net margin of 27.84%. equities analysts anticipate that Yintech Investment will post 1.19 EPS for the current year.

Hedge funds and other institutional investors have recently bought and sold shares of the business. Visionary Asset Management Inc. acquired a new stake in shares of Yintech Investment in the third quarter valued at about $114,000. Virtu Financial LLC acquired a new stake in shares of Yintech Investment in the fourth quarter valued at about $105,000. FDx Advisors Inc. grew its position in shares of Yintech Investment by 56.7% in the third quarter. FDx Advisors Inc. now owns 23,808 shares of the financial services provider’s stock valued at $263,000 after purchasing an additional 8,610 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership grew its position in shares of Yintech Investment by 69.3% in the second quarter. Arrowstreet Capital Limited Partnership now owns 342,694 shares of the financial services provider’s stock valued at $3,427,000 after purchasing an additional 140,329 shares during the last quarter. Institutional investors own 1.31% of the company’s stock.

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Yintech Investment Company Profile

Yintech Investment Holdings Limited is an online provider of spot commodity trading services in China. The Company facilitates the trading by individual customers of silver, gold, and other precious metals and commodities on the Shanghai Gold Exchange, the Tianjin Precious Metals Exchange and the Guangdong Precious Metals Exchange.

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