FinVolution Group ADR (NYSE: FINV) is 116.33% higher on its value in year-to-date trading and has touched a low of $4.93 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 $10.31 in the last trading session, with the day’s gains setting it 0.29%.
Currently trading at $10.6, the stock is 10.69% and 18.43% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.3 million and changing 2.81% at the moment leaves the stock 36.97% off its SMA200. FINV registered 56.11% gain for a year compared to 6-month gain of 59.40%. The firm has a 50-day simple moving average (SMA 50) of $8.9502 and a 200-day simple moving average (SMA200) of $7.7389.
The stock witnessed a 23.26% loss in the last 1 month and extending the period to 3 months gives it a 32.67%, and is 7.72% 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 4.90% over the week and 3.97% over the month.
FinVolution Group ADR (FINV) has around 3623 employees, a market worth around $1.48B and $1.86B in sales. Current P/E ratio is 7.72 and Fwd P/E is 5.68. Profit margin for the company is 19.41%. Distance from 52-week low is 115.01% and -4.33% from its 52-week high. The company has generated returns on investments over the last 12 months (16.87%).
The EPS is expected to grow by 30.04% this year.
FinVolution Group ADR (FINV) Top Institutional Holders
205.0 institutions hold shares in FinVolution Group ADR (FINV), with institutional investors hold 66.66% of the company’s shares. The shares outstanding are 140.07M, and float is at 139.86M with Short Float at 5.49%. Institutions hold 57.14% 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 2.1699% 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.
