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PRNewswire (Wed, 24-Apr 5:00 AM ET)
FinVolution's Philippine Subsidiary Cooperates with SeaBank Philippines, Propelling Regional Growth
PRNewswire (Thu, 28-Mar 5:30 AM ET)
FinVolution Group Announces 10.2% Increase in Year-End Dividend to US$0.237 per ADS
PRNewswire (Mon, 18-Mar 6:32 PM ET)
FinVolution Group Reports Fourth Quarter and Fiscal Year 2023 Unaudited Financial Results
PRNewswire (Mon, 18-Mar 6:30 PM ET)
PRNewswire (Tue, 5-Mar 6:00 AM ET)
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 emerging asset class-consumer loans through a variety of investment options. It generates revenues from fees charged to borrowers. The Group's long-lived assets are located in the PRC and its revenues are derived from within the PRC.
Finvolution Group American Depositary Shares trades on the NYSE stock market under the symbol FINV.
As of April 25, 2024, FINV stock price declined to $4.86 with 66,825 million shares trading.
FINV has a beta of 0.57, meaning it tends to be less sensitive to market movements. FINV has a correlation of 0.05 to the broad based SPY ETF.
FINV has a market cap of $1.36 billion. This is considered a Small Cap stock.
In the last 3 years, FINV stock traded as high as $10.41 and as low as $2.68.
The top ETF exchange traded funds that FINV belongs to (by Net Assets): VWO, VXUS, IEMG, AVEM, VSS.
FINV has outperformed the market in the last year with a return of +37.8%, while the SPY ETF gained +23.1%. In the last 3 month period, FINV beat the market returning +6.6%, while SPY returned +3.6%. However, in the most recent 2 weeks FINV has underperformed the stock market by returning -3.1%, while SPY returned -2.5%.
FINV support price is $4.81 and resistance is $5.00 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that FINV stock will trade within this expected range on the day.