Shares of FinVolution Group American Depositary Shares (NYSE:FINV) traded at a new 52-week high today of $4.01. Approximately 848,000 shares have changed hands today, as compared to an average 30-day volume of 868,000 shares.
Potential upside of 9.7% exists for FinVolution Group American Depositary Shares, based on a current level of $3.81 and analysts’ average consensus price target of $4.18.
FinVolution Group is a provider of online consumer finance in China. It offers various loan products, making financial services available to borrowers anytime, anywhere; designs a loan transaction process, and offers Tailored risk-based pricing. It offers short-term loans to borrowers to meet immediate credit needs while allowing them to gradually establish their credit history through activities on the company’s platform. The company provides investors with an opportunity to invest in an emerging asset class-consumer loans through a variety of investment options. It generates revenues from fees charged to borrowers.
FinVolution Group American Depositary Shares share prices have moved between a 52-week high of $4.01 and a 52-week low of $1.22 and are now trading 212% above that low price at $3.81 per share.
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