X Financial (NYSE:XYF) Shares Gap Up – Here’s What Happened

X Financial (NYSE:XYFGet Free Report)’s share price gapped up before the market opened on Wednesday . The stock had previously closed at $9.52, but opened at $10.00. X Financial shares last traded at $10.97, with a volume of 100,632 shares.

X Financial Trading Up 16.5 %

The stock’s 50 day moving average price is $8.04 and its 200 day moving average price is $6.65. The company has a market capitalization of $542.88 million, a price-to-earnings ratio of 2.92 and a beta of 0.31.

X Financial (NYSE:XYFGet Free Report) last posted its quarterly earnings data on Tuesday, November 26th. The company reported $1.24 EPS for the quarter. X Financial had a net margin of 25.03% and a return on equity of 20.66%.

About X Financial

(Get Free Report)

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.

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