For the readers interested in the stock health of FinVolution Group (FINV). It is currently valued at $5.88. When the transactions were called off in the previous session, Stock hit the highs of $7.20, after setting-off with the price of $6.96. Company’s stock value dipped to $6.52 during the trading on the day. When the trading was stopped its value was $6.62.
Recently in News on January 26, 2021, FinVolution Group Receives Capital Markets Services License from Monetary Authority of Singapore. FinVolution Group (“FinVolution”, or the “Company”) (NYSE: FINV), a leading fintech platform in China, announced that its subsidiary has received the Capital Markets Services (CMS) license from the Monetary Authority of Singapore (MAS) to conduct regulated activities in dealing in capital markets products in Singapore. You can read further details here
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FinVolution Group had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $8.16 on 02/17/21, with the lowest value was $2.51 for the same time period, recorded on 01/04/21.
FinVolution Group (FINV) full year performance was 239.49%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, FinVolution Group shares are logging -27.88% during the 52-week period from high price, and 382.37% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $1.22 and $8.16.
The company’s shares, operating in the sector of Financial managed to top a trading volume set approximately around 2988432 for the day, which was evidently higher, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the FinVolution Group (FINV) recorded performance in the market was 147.94%, having the revenues showcasing 224.51% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 2.22B, as it employees total of 3883 workers.
Analysts verdict on FinVolution Group (FINV)
During the last month, 3 analysts gave the FinVolution Group a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 2 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 2.88, with a change in the price was noted +4.03. In a similar fashion, FinVolution Group posted a movement of +215.51% for the period of last 100 days, recording 1,059,683 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for FINV is recording 0.02 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.00.
FinVolution Group (FINV): Technical Analysis
Raw Stochastic average of FinVolution Group in the period of last 50 days is set at 63.07%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 53.50%. In the last 20 days, the company’s Stochastic %K was 64.20% and its Stochastic %D was recorded 73.53%.
Let’s take a glance in the erstwhile performances of FinVolution Group, multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 147.94%. Additionally, trading for the stock in the period of the last six months notably improved by 149.81%, alongside a boost of 239.49% for the period of the last 12 months. The shares increased approximately by 7.12% in the 7-day charts and went down by 82.37% in the period of the last 30 days. Common stock shares were driven by 224.51% during last recorded quarter.