FinVolution Group ADR (NYSE: FINV) is 14.87% higher on its value in year-to-date trading and has touched a low of $4.45 and a high of $7.97 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 $7.71 in the last trading session, with the day’s gains setting it 0.09%.
Currently trading at $7.80, the stock is 6.97% and 11.71% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.82 million and changing 1.17% at the moment leaves the stock 35.03% off its SMA200. FINV registered 63.87% gain for a year compared to 6-month gain of 47.73%. The firm has a 50-day simple moving average (SMA 50) of $6.9522 and a 200-day simple moving average (SMA200) of $5.76105.
The stock witnessed a 12.88% loss in the last 1 month and extending the period to 3 months gives it a 31.31%, and is 2.09% 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 3.73% over the week and 3.45% over the month.
FinVolution Group ADR (FINV) has around 3648 employees, a market worth around $1.14B and $1.78B in sales. Current P/E ratio is 6.73 and Fwd P/E is 5.34. Profit margin for the company is 17.36%. Distance from 52-week low is 75.28% and -2.13% from its 52-week high. The company has generated returns on investments over the last 12 months (14.90%).
The EPS is expected to grow by 12.27% this year, but quarterly earnings will post 5.11% year-over-year.
The shares outstanding are 146.01M, and float is at 145.95M with Short Float at 1.26%.
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.
FinVolution Group ADR (FINV) Insider Activity
Still, SEC filings show that on Aug 26 ’24, Ho Simon Tak Leung (Officer) Proposed Sale 444,630 shares at an average price of $5.79 for $2.57 million. The insider now directly holds shares of FinVolution Group ADR (FINV).
