Yiren Digital (YRD, Financial) recently experienced a sharp decline in its stock price, dropping by 5.01%. The stock is currently priced at $4.74 per share, with a trading volume of 89,475 shares and a turnover rate of 0.10%. The stock's volatility is noted at 3.81%.
According to the latest financial report, Yiren Digital reported a revenue of $206 million, a net profit of $49.59 million, and earnings per share (EPS) of $0.57. The company currently has a price-to-earnings (P/E) ratio of 1.61. As of now, there are no institutional ratings available for the stock regarding buy, hold, or sell recommendations.
Within the credit services industry, where Yiren Digital operates, the overall sector has seen a modest increase of 0.26%. Notable gainers in the sector include Qifu Technology, Federal Agricultural Mortgage Corporation, and Qudian. Other active stocks in the industry are Mill City Ventures III, Ltd., Upstart Holdings, Inc., and OppFi Inc., with turnover rates of 19.73%, 2.47%, and 1.69% respectively. Stocks with significant volatility include Mill City Ventures III, Ltd., LM Funding America, Inc., and Old Market Capital Corporation, with fluctuations of 44.76%, 11.08%, and 10.48% respectively.
Yiren Digital is a leading AI platform in China, offering comprehensive financial and lifestyle services. The company aims to improve clients' financial well-being and quality of life by providing digital financial services, customized insurance solutions, and premium lifestyle services. It supports clients at various growth stages, addressing financing needs arising from consumption and production activities, while enhancing overall well-being and security for individuals, families, and businesses.
