X Financial (NYSE:XYF) shares reached a new 52-week low during mid-day trading on Friday . The company traded as low as $6.16 and last traded at $6.39, with a volume of 1835 shares trading hands. The stock had previously closed at $7.00.

A number of research analysts have issued reports on XYF shares. Deutsche Bank started coverage on X Financial in a research report on Monday, October 15th. They issued a “hold” rating on the stock. Morgan Stanley started coverage on X Financial in a research report on Monday, October 15th. They issued an “equal weight” rating on the stock.

X Financial (NYSE:XYF) last released its quarterly earnings results on Monday, November 19th. The company reported $0.18 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.11 by $0.07. The firm had revenue of $120.77 million for the quarter. Equities analysts expect that X Financial will post 0.81 EPS for the current fiscal year.

Several large investors have recently added to or reduced their stakes in XYF. Dean Capital Investments Management LLC bought a new stake in shares of X Financial during the third quarter worth about $452,000. Citadel Advisors LLC bought a new stake in shares of X Financial during the third quarter worth about $332,000. Greenwoods Asset Management Ltd bought a new stake in shares of X Financial during the third quarter worth about $8,525,000. Jane Street Group LLC bought a new stake in shares of X Financial during the third quarter worth about $146,000. Finally, Point72 Hong Kong Ltd bought a new stake in shares of X Financial during the third quarter worth about $100,000. Institutional investors own 1.59% of the company’s stock.

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X Financial Company Profile (NYSE:XYF)

X Financial provides personal finance services in the People's Republic of China. The company offers a suite of products connecting borrowers and investors through a proprietary Internet platform. It provides loan products, which include Xiaoying card loan and Xiaoying preferred loan; and investment opportunities through wealth management platform, Xiaoying wealth management with insurance protection.

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