Separately, Zacks Investment Research cut Yirendai from a buy rating to a hold rating in a research report on Saturday, April 13th. One investment analyst has rated the stock with a sell rating and four have given a hold rating to the stock. The company presently has a consensus rating of Hold and a consensus target price of $15.00.
Yirendai stock traded up $0.06 during mid-day trading on Thursday, reaching $10.77. 81,856 shares of the stock traded hands, compared to its average volume of 240,616. The firm has a market capitalization of $649.80 million, a PE ratio of 2.40 and a beta of 2.69. The company has a quick ratio of 3.45, a current ratio of 3.45 and a debt-to-equity ratio of 0.14. Yirendai has a 12-month low of $9.61 and a 12-month high of $21.55. The firm’s 50-day simple moving average is $12.74.
Yirendai Ltd. operates as an online consumer finance marketplace that connects borrowers and investors primarily in the People's Republic of China. It offers standard loan products; and fasttrack loan products through mobile applications. The company also provides investing tools. The company was founded in 2012 and is based in Beijing, the People's Republic of China.
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