FinVolution Group ADR (NYSE: FINV) is 54.05% higher on its value in year-to-date trading and has touched a low of $4.63 and a high of $11.08 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 $9.81 in the last trading session, with the day’s gains setting it 0.65%.
Currently trading at $10.46, the stock is 15.25% and 24.97% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.56 million and changing 6.63% at the moment leaves the stock 62.08% off its SMA200. FINV registered 112.17% gain for a year compared to 6-month gain of 85.13%. The firm has a 50-day simple moving average (SMA 50) of $8.37 and a 200-day simple moving average (SMA200) of $6.45375.
The stock witnessed a 21.63% loss in the last 1 month and extending the period to 3 months gives it a 52.26%, and is 4.70% 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 3.67% over the week and 4.01% over the month.
FinVolution Group ADR (FINV) has around 3648 employees, a market worth around $1.53B and $1.82B in sales. Current P/E ratio is 8.34 and Fwd P/E is 6.05. Profit margin for the company is 18.24%. Distance from 52-week low is 125.92% and -5.60% from its 52-week high. The company has generated returns on investments over the last 12 months (15.84%).
The EPS is expected to grow by 25.29% this year
190.0 institutions hold shares in FinVolution Group ADR (FINV), with institutional investors hold 64.29% of the company’s shares. The shares outstanding are 146.00M, and float is at 145.95M with Short Float at 1.61%. Institutions hold 52.41% of the Float.
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 6.1348 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 3.0667 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 1.4835 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 Dec 05 ’24, Jun Zhang (Director) Proposed Sale 200,000 shares at an average price of $6.90 for $1.38 million. The insider now directly holds shares of FinVolution Group ADR (FINV).
