Yiren Digital (NYSE:YRD) receives new coverage from StockNews.com analysts
Shares of Yiren Digital opened at $1.82 on Friday. The company has a market capitalization of $152.85 million, a PE ratio of 7.00 and a beta of 0.62. Yiren Digital has a 12-month low of $1.63 and a 12-month high of $6.60. The company’s 50-day moving average price is $2.17 and its 200-day moving average price is $2.64. The company has a current ratio of 3.92, a quick ratio of 3.92 and a debt ratio of 0.23.
A number of institutional investors have been buying and selling stocks recently. Connor Clark & Lunn Investment Management Ltd. acquired a new stock position in Yiren Digital in the third quarter worth $141,000. Marshall Wace LLP increased its position in Yiren Digital by 152.8% in the third quarter. Marshall Wace LLP now owns 63,979 shares of the technology company valued at $193,000 after acquiring 38,673 additional shares in the last quarter. Millennium Management LLC bought a new stake in Yiren Digital in the second quarter worth $219,000. MARSHALL WACE ASIA Ltd acquired a new stake in Yiren Digital in the third quarter worth $62,000. Finally, Envestnet Asset Management Inc. acquired a new stake in Yiren Digital in the fourth quarter worth $52,000. Hedge funds and other institutional investors hold 1.76% of the company’s shares.
Yiren Digital Company Profile (Get a rating)
Yiren Digital Ltd., through its subsidiaries, operates as an online consumer credit marketplace that connects borrowers and investors in the People’s Republic of China. It provides loan facilitation services; and post-issue services, such as cash handling, collection and SMS services. The Company’s loan product portfolio includes unsecured consumer loans; secured consumer loans, which include secured leasing, self-secured loans, and property-secured loans; and small business loans.
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