Yiren Digital (NYSE:YRD – Get Free Report) was downgraded by equities researchers at StockNews.com from a “strong-buy” rating to a “buy” rating in a research note issued on Saturday.
Yiren Digital Price Performance
Yiren Digital stock opened at $4.66 on Friday. Yiren Digital has a fifty-two week low of $2.16 and a fifty-two week high of $5.80. The firm’s 50 day simple moving average is $4.63 and its 200-day simple moving average is $4.81. The company has a market cap of $405.12 million, a P/E ratio of 1.40 and a beta of 0.69.
Yiren Digital (NYSE:YRD – Get Free Report) last released its earnings results on Tuesday, August 20th. The technology company reported $0.65 earnings per share (EPS) for the quarter. Yiren Digital had a return on equity of 24.38% and a net margin of 37.05%. The company had revenue of $205.93 million during the quarter.
Hedge Funds Weigh In On Yiren Digital
Yiren Digital Company 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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