Somewhat Favorable Media Coverage Somewhat Unlikely to Affect Yintech Investment Holdings Limited (YIN) Share Price
Media coverage about Yintech Investment Holdings Limited (NASDAQ:YIN) has trended somewhat positive on Monday, Accern reports. The research group scores the sentiment of press coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Yintech Investment Holdings Limited earned a coverage optimism score of 0.13 on Accern’s scale. Accern also assigned news coverage about the financial services provider an impact score of 46.3174609727923 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
Shares of Yintech Investment Holdings Limited (NASDAQ:YIN) traded up 0.2816% on Monday, reaching $9.8276. 802 shares of the company were exchanged. The stock has a market capitalization of $689.14 million, a P/E ratio of 4.3932 and a beta of -0.98. The stock has a 50 day moving average price of $9.85 and a 200-day moving average price of $13.66. Yintech Investment Holdings Limited has a 12 month low of $8.53 and a 12 month high of $22.97.
Yintech Investment Holdings Limited (NASDAQ:YIN) last issued its quarterly earnings results on Tuesday, August 29th. The financial services provider reported $0.19 earnings per share for the quarter. The company had revenue of $84.10 million during the quarter. Yintech Investment Holdings Limited had a net margin of 30.09% and a return on equity of 33.52%. On average, equities analysts expect that Yintech Investment Holdings Limited will post $1.65 EPS for the current fiscal year.
Several research analysts have recently weighed in on YIN shares. Zacks Investment Research downgraded shares of Yintech Investment Holdings Limited from a “hold” rating to a “strong sell” rating in a research report on Saturday, May 27th. Jefferies Group LLC reissued a “buy” rating and issued a $15.00 target price on shares of Yintech Investment Holdings Limited in a research report on Thursday, August 31st.
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About Yintech Investment Holdings Limited
Yintech Investment Holdings Limited is an online provider of spot commodity trading services in China. The Company facilitates the trading by individual customers of silver, gold, and other precious metals and commodities on the Shanghai Gold Exchange, the Tianjin Precious Metals Exchange and the Guangdong Precious Metals Exchange.
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