StockNews.com assumed coverage on shares of Yiren Digital (NYSE:YRD – Get Rating) in a research report released on Monday morning. The brokerage issued a strong-buy rating on the technology company’s stock.
Yiren Digital Price Performance
Shares of NYSE:YRD opened at $1.40 on Monday. The business has a 50-day moving average of $1.05 and a two-hundred day moving average of $1.35. The stock has a market capitalization of $119.48 million, a P/E ratio of 0.74 and a beta of 0.23. Yiren Digital has a fifty-two week low of $0.67 and a fifty-two week high of $3.76.
Yiren Digital (NYSE:YRD – Get Rating) last issued its quarterly earnings results on Tuesday, August 30th. The technology company reported $0.61 earnings per share (EPS) for the quarter. The firm had revenue of $160.21 million for the quarter.
Institutional Inflows and Outflows
Yiren Digital Company Profile
Yiren Digital Ltd., through its subsidiaries, operates as an online consumer finance marketplace that connects borrowers and investors in the People's Republic of China. It offers loan facilitation services; and post-origination services, such as cash processing, collection, and SMS services. The company's loan products portfolio includes unsecured consumer loans; secured consumer loans, which include secured financial leasing, auto-secured, and property-secured loans; and small business loans.
- Get a free copy of the StockNews.com research report on Yiren Digital (YRD)
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