X Financial (NYSE:XYF) Issues Earnings Results

X Financial (NYSE:XYF) announced its earnings results on Wednesday. The company reported $1.13 earnings per share for the quarter, Zacks reports. X Financial had a net margin of 25.03% and a return on equity of 20.66%.

X Financial Price Performance

XYF stock opened at $13.14 on Thursday. The company has a market capitalization of $642.89 million, a P/E ratio of 3.47 and a beta of 0.45. The business has a 50-day moving average price of $9.28 and a 200 day moving average price of $7.60. X Financial has a 1-year low of $3.48 and a 1-year high of $14.80.

About X Financial

X Financial provides personal finance services in the People’s Republic of China. The company offers services as an online marketplace connecting borrowers and investors or institutional funding partners. Its loan products include Xiaoying credit loan, which consists of Xiaoying card loan; and Xiaoying preferred loan to small business owners.