FinVolution Group (NYSE: FINV) is 25.47% higher on its value in year-to-date trading and has touched a low of $1.22 and a high of $3.38 in the current 52-week trading range. The FINV stock was last observed hovering at around $3.35 in the last trading session, with the day’s gains setting it 0.09% off its average median price target of $17.90 for the next 12 months. It is also 81.91% off the consensus price target high of $19.02 offered by 3 analysts, but current levels are 75.02% higher than the price target low of $13.77 for the same period.
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Currently trading at $3.44, the stock is 35.36% and 50.36% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.01 million and changing 2.84% at the moment leaves the stock 75.46% off its SMA200. FINV registered 26.89% gain for a year compared to 6-month gain of 68.34%. The firm has a 50-day simple moving average (SMA 50) of $2.4094 and a 200-day simple moving average (SMA200) of $2.0975.
The stock witnessed a 59.52% loss in the last 1 month and extending the period to 3 months gives it a 69.19%, and is 25.00% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 6.31% over the week and 7.83% over the month.
FinVolution Group (FINV) has around 3883 employees, a market worth around $988.32M and $1.10B in sales. Current P/E ratio is 3.47 and Fwd P/E is 3.93. Profit margin for the company is 26.50%. Distance from 52-week low is 182.38% and 1.92% from its 52-week high. The company has generated returns on investments over the last 12 months (26.50%).
FinVolution Group (FINV) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for FinVolution Group (FINV) is a “Overweight”. 3 analysts offering their recommendations for the stock have an average rating of 2.20, where 1 rate it as a Hold and 0 think it is a “Overweight”. 2 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
FinVolution Group is expected to release its quarterly report on 05/19/2021 and quarterly earnings per share for the current quarter are estimated at $0 with sales reaching $311.41M over the same period.The EPS is expected to shrink by -1.00% this year, but quarterly earnings will post 34.20% year-over-year. Quarterly sales are estimated to grow 39.50% in year-over-year returns.
FinVolution Group (FINV) Top Institutional Holders
84 institutions hold shares in FinVolution Group (FINV), with 22.48M shares held by insiders accounting for 7.73% while institutional investors hold 30.81% of the company’s shares. The shares outstanding are 290.76M, and float is at 86.75M with Short Float at 1.18%. Institutions hold 28.43% of the Float.
The top institutional shareholder in the company is Wells Fargo & Company with over 11.86 million shares valued at $21.82 million. The investor’s holdings represent 69.75% of the FINV Shares outstanding. As of Sep 29, 2020, the second largest holder is L1 Capital Pty Ltd with 2.71 million shares valued at $4.99 million to account for 15.95% of the shares outstanding. The other top investors are State Street Corporation which holds 1.64 million shares representing 9.66% and valued at over $3.02 million, while Acadian Asset Management holds 9.52% of the shares totaling 1.62 million with a market value of $2.98 million.