Yiren Digital Ltd ADR (NYSE: YRD) is 159.29% higher on its value in year-to-date trading and has touched a low of $2.16 and a high of $7.45 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 YRD stock was last observed hovering at around $7.30 in the last trading session, with the day’s gains setting it 0.79%.
Currently trading at $8.09, the stock is 69.00% and 72.58% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.98 million and changing 10.82% at the moment leaves the stock 72.52% off its SMA200. YRD registered 224.90% gain for a year compared to 6-month loss of 69.96%. The firm has a 50-day simple moving average (SMA 50) of $4.753 and a 200-day simple moving average (SMA200) of $4.71505.
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The stock witnessed a 85.55% gain in the last 1 month and extending the period to 3 months gives it a 68.19%, and is 76.64% 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 15.83% over the week and 6.88% over the month.
Yiren Digital Ltd ADR (YRD) has around 754 employees, a market worth around $706.66M and $754.89M in sales. Current P/E ratio is 2.56. Profit margin for the company is 37.05%. Distance from 52-week low is 274.54% and 8.59% from its 52-week high. The company has generated returns on investments over the last 12 months (22.62%).
The top institutional shareholder in the company is DIMENSIONAL FUND ADVISORS LP with over 1.02 million shares valued at $4.63 million. The investor’s holdings represent 1.1717 of the YRD Shares outstanding. As of 2024-06-30, the second largest holder is ACADIAN ASSET MANAGEMENT LLC with 0.43 million shares valued at $1.94 million to account for 0.4968 of the shares outstanding. The other top investors are RENAISSANCE TECHNOLOGIES LLC which holds 0.25 million shares representing 0.2826 and valued at over $1.12 million, while CONNOR, CLARK & LUNN INVESTMENT MANAGEMENT LTD. holds 0.2043 of the shares totaling 0.18 million with a market value of $0.81 million.
