FinVolution Group ADR (NYSE: FINV) is 20.82% higher on its value in year-to-date trading and has touched a low of $4.22 and a high of $5.80 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The FINV stock was last observed hovering at around $5.67 in the last trading session, with the day’s gains setting it 0.25%.
Currently trading at $5.92, the stock is 11.07% and 10.44% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.48 million and changing 4.41% at the moment leaves the stock 18.27% off its SMA200. FINV registered 19.60% gain for a year compared to 6-month gain of 20.33%. The firm has a 50-day simple moving average (SMA 50) of $5.3796 and a 200-day simple moving average (SMA200) of $5.0121.
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The stock witnessed a 11.07% loss in the last 1 month and extending the period to 3 months gives it a 27.59%, and is 8.62% 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 2.15% over the week and 2.15% over the month.
FinVolution Group ADR (FINV) has around 3648 employees, a market worth around $864.32M and $1.76B in sales. Current P/E ratio is 5.35 and Fwd P/E is 4.01. Profit margin for the company is 17.01%. Distance from 52-week low is 40.28% and 2.07% from its 52-week high. The company has generated returns on investments over the last 12 months (15.53%).
The EPS is expected to grow by 7.17% this year
The shares outstanding are 151.44M, and float is at 145.95M with Short Float at 1.13%.
The top institutional shareholder in the company is SUSQUEHANNA INTERNATIONAL GROUP, LLP with over 16.49 million shares valued at $78.67 million. The investor’s holdings represent 6.2879 of the FINV Shares outstanding. As of 2024-06-30, the second largest holder is ALLSPRING GLOBAL INVESTMENTS HOLDINGS, LLC with 8.24 million shares valued at $39.33 million to account for 3.1433 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 5.83 million shares representing 2.224 and valued at over $27.83 million, while CAUSEWAY CAPITAL MANAGEMENT LLC holds 1.5205 of the shares totaling 3.99 million with a market value of $19.02 million.