Shares of Yiren Digital Ltd. American Depositary Shares each representing two (NYSE:YRD) traded today at $6.80, eclipsing its 52-week high. This new high was reached on above average trading volume as 588,000 shares traded hands, while the average 30-day volume is approximately 364,000 shares.
Yiren Digital Ltd. American Depositary Shares each representing two share prices have moved between a 52-week high of $6.80 and a 52-week low of $2.70 and are now trading 140% above that low price at $6.47 per share.
Yiren Digital Ltd is a fintech company in China connecting investors and individual borrowers. The Company provides an effective solution to address largely underserved investors and individual borrower demand in China through online and offline channels to efficiently match borrowers with investors and execute loan transactions. Its two reportable segments are Yiren Wealth and Yiren Credit. Yiren Digital’s marketplace provides borrowers with quick and convenient access to consumer credit at competitive prices and investors with easy and quick access to an alternative asset class with attractive returns.
Yiren Digital Ltd. American Depositary Shares each representing two has overhead space with shares priced $6.47, or 70.2% below the average consensus analyst price target of $21.72.
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