Jiayin Group (NASDAQ:JFIN) Hits New 12-Month High – Still a Buy?

Jiayin Group Inc. (NASDAQ:JFINGet Free Report) hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $10.19 and last traded at $9.90, with a volume of 386724 shares changing hands. The stock had previously closed at $8.24.

Jiayin Group Stock Performance

The business has a 50 day simple moving average of $7.05 and a 200-day simple moving average of $6.46. The stock has a market capitalization of $457.44 million, a P/E ratio of 2.84 and a beta of 0.89.

About Jiayin Group

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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.

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