EntryPoint Capital LLC acquired a new position in shares of Yiren Digital Ltd. (NYSE:YRD – Free Report) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 15,996 shares of the technology company’s stock, valued at approximately $72,000.
Several other large investors have also modified their holdings of the company. OVERSEA CHINESE BANKING Corp Ltd bought a new stake in shares of Yiren Digital during the 4th quarter worth $38,000. Advisors Preferred LLC bought a new stake in Yiren Digital in the 1st quarter valued at $76,000. Banco BTG Pactual S.A. bought a new stake in Yiren Digital in the 1st quarter valued at $223,000. RFG Advisory LLC bought a new stake in Yiren Digital in the 1st quarter valued at $715,000. Finally, Acadian Asset Management LLC raised its stake in shares of Yiren Digital by 63.9% in the 1st quarter. Acadian Asset Management LLC now owns 407,139 shares of the technology company’s stock valued at $1,817,000 after buying an additional 158,772 shares in the last quarter. 1.99% of the stock is owned by institutional investors.
Yiren Digital Trading Down 0.2 %
Shares of Yiren Digital stock traded down $0.01 during mid-day trading on Friday, reaching $4.64. 38,871 shares of the stock were exchanged, compared to its average volume of 65,807. The firm has a 50-day simple moving average of $4.76 and a 200 day simple moving average of $4.84. The company has a market cap of $403.36 million, a price-to-earnings ratio of 1.39 and a beta of 0.72. Yiren Digital Ltd. has a fifty-two week low of $2.16 and a fifty-two week high of $5.80.
Wall Street Analyst Weigh In
Separately, StockNews.com upgraded shares of Yiren Digital from a “buy” rating to a “strong-buy” rating in a research note on Tuesday, May 28th.
View Our Latest Stock Analysis on YRD
Yiren Digital Profile
Yiren Digital Ltd. provides financial services through an AI-powered platform in China. Its platform provides a suite of financial and lifestyle services. The company offers financial services, which provides a portfolio of loan products to borrowers; insurance brokerage services; and consumption and lifestyle services, including non-financial products and services to meet various consumer needs.
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