Jiayin Group (NASDAQ:JFIN) Announces Earnings Results

Jiayin Group (NASDAQ:JFIN) announced its earnings results on Wednesday. The company reported $1.40 earnings per share for the quarter, Zacks reports. The business had revenue of $244.68 million for the quarter. Jiayin Group had a net margin of 19.17% and a return on equity of 43.90%.

Jiayin Group Price Performance

Shares of JFIN opened at $16.08 on Friday. The firm’s 50 day simple moving average is $12.24 and its 200 day simple moving average is $9.70. The company has a market capitalization of $858.19 million, a P/E ratio of 5.36 and a beta of 1.02. Jiayin Group has a 1-year low of $4.00 and a 1-year high of $17.68.

Jiayin Group Company Profile

Jiayin Group Inc, together with its subsidiaries, provides online consumer finance services in the People's Republic of China. The company operates a fintech platform that facilitates connections between individual borrowers and financial institutions. It also offers referral services for investment products offered by the financial service providers; and technology development and services, as well as guarantee services.