PPDAI Group (NYSE:FINV) Sets New 1-Year Low – Time to Sell?

PPDAI Group Inc. Sponsored ADR (NYSE:FINV) shares hit a new 52-week low on Saturday . The stock traded as low as $4.35 and last traded at $4.4950, with a volume of 2416586 shares. The stock had previously closed at $4.78.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “hold (c)” rating on shares of PPDAI Group in a research note on Friday, March 27th. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the company currently has a consensus rating of “Hold”.

PPDAI Group Trading Down 6.0%

The stock has a market cap of $1.09 billion, a P/E ratio of 3.35 and a beta of 0.32. The company has a debt-to-equity ratio of 0.07, a quick ratio of 3.26 and a current ratio of 3.26. The stock has a 50-day moving average price of $5.01 and a 200-day moving average price of $5.24.

PPDAI Group (NYSE:FINV) last issued its quarterly earnings results on Saturday, February 14th. The company reported $0.05 earnings per share (EPS) for the quarter. The firm had revenue of $432.21 million during the quarter. PPDAI Group had a return on equity of 16.39% and a net margin of 18.70%.

PPDAI Group Increases Dividend

The firm also recently declared an annual dividend, which was paid on Thursday, May 7th. Stockholders of record on Thursday, April 16th were given a dividend of $0.306 per share. This is a boost from PPDAI Group’s previous annual dividend of $0.28. The ex-dividend date was Thursday, April 16th. This represents a dividend yield of 637.0%.

Institutional Trading of PPDAI Group

Large investors have recently modified their holdings of the business. Farther Finance Advisors LLC lifted its position in PPDAI Group by 57.7% in the fourth quarter. Farther Finance Advisors LLC now owns 5,695 shares of the company’s stock valued at $30,000 after purchasing an additional 2,083 shares during the last quarter. Kingswood Wealth Advisors LLC lifted its position in PPDAI Group by 28.5% in the fourth quarter. Kingswood Wealth Advisors LLC now owns 16,462 shares of the company’s stock valued at $86,000 after purchasing an additional 3,655 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in PPDAI Group by 2.6% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 475,988 shares of the company’s stock valued at $4,584,000 after purchasing an additional 12,000 shares during the last quarter. SG Americas Securities LLC lifted its position in PPDAI Group by 110.4% in the fourth quarter. SG Americas Securities LLC now owns 26,404 shares of the company’s stock valued at $138,000 after purchasing an additional 13,855 shares during the last quarter. Finally, FourThought Financial Partners LLC bought a new stake in PPDAI Group in the fourth quarter valued at approximately $120,000. Institutional investors own 31.15% of the company’s stock.

PPDAI Group Company Profile

PPDAI Group Inc operates an online consumer finance marketplace that connects individual and institutional investors with personal and small-business borrowers. Through its digital platform, the company facilitates unsecured consumer loans, auto refinancing loans and small-business financing by leveraging proprietary credit assessment tools and big data analytics. Investors gain exposure to a diversified portfolio of retail credit assets, while borrowers benefit from streamlined application processes and competitive financing rates.

At the core of PPDAI’s offering is a multi-layered risk management framework that combines automated credit scoring, manual underwriting oversight and third-party data verification.