X Financial (NYSE:XYF) Sees Unusually-High Trading Volume – Here’s What Happened

Shares of X Financial (NYSE:XYF) saw an uptick in trading volume on Monday . 88,280 shares traded hands during trading, an increase of 31% from the previous session’s volume of 67,600 shares.The stock last traded at $11.80 and had previously closed at $10.77.

X Financial Price Performance

The company has a market cap of $562.16 million, a P/E ratio of 3.03 and a beta of -0.10. The stock’s 50-day moving average is $11.60 and its two-hundred day moving average is $8.80.

X Financial (NYSE:XYF) last released its quarterly earnings results on Wednesday, March 19th. The company reported $1.13 earnings per share (EPS) for the quarter. The firm had revenue of $234.09 million for the quarter. X Financial had a return on equity of 20.66% and a net margin of 25.03%.

X Financial Increases Dividend

The firm also recently disclosed a semi-annual dividend, which will be paid on Wednesday, July 2nd. Stockholders of record on Friday, June 20th will be paid a $0.25 dividend. This represents a dividend yield of 2.6%. The ex-dividend date is Friday, June 20th. This is a boost from X Financial’s previous semi-annual dividend of $0.17. X Financial’s dividend payout ratio is 7.36%.

X Financial Company Profile

X Financial provides personal finance services in the People’s Republic of China. The company offers services as an online marketplace connecting borrowers and investors or institutional funding partners. Its loan products include Xiaoying credit loan, which consists of Xiaoying card loan; and Xiaoying preferred loan to small business owners.