With 151.44M Outstanding Shares, Can FinVolution Group ADR (NYSE: FINV) Deliver Big Short-Term Gains?

FinVolution Group ADR (NYSE:FINV) currently has a daily average trading volume of 646.25K but it saw 1683876 shares traded in last market. With a market cap of 995.72M USD, the company’s current market price of $6.82 came rising about 7.06 while comparing to the previous closing price of $6.37. In past 52 weeks, the stock remained buoying in the range of price level as high as $6.45 and as low as $4.22. In the recent trading on the day, stock has struck highest price mark of $6.49 while lowest mark touched by it was $6.835.

Taking a look at 20-day trading activity of FinVolution Group ADR (FINV) gives us an average price of $5.58, while its current price level is 5.78% below from 52-week high level whereas it is 61.61% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $5.49 while that of 200 days or SMA-200 reads an average of $5.05. A closer look into the stock’s movement over the week reveals that its volatility is standing at 4.25% during that period while stretching the period over a month that decreases to 2.58%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 87.40 which implies that the stock is in overbought territory.

Citigroup issued its recommendations for the stock as it downgraded the price target for the stock in the range of between $5.68 and $5.08.

Over the week, FINV’s stock price is moving 20.28% up while it is 29.66% when we observe its performance for the past one month. Year-to-date it is 39.18% up and over the past year, the stock is showing an upside performance of 36.95%.

The company is expected to be releasing its next quarterly report in November, for which analysts forecasted an EPS of 0 while estimate for next year EPS is 1.34. In next quarter, company is expected to be making quarterly sales of $2B as analysts are expecting the sales for current fiscal year at $1.88B and seeing the company making $2.04B in sales next year.

Currently, FinVolution Group ADR’s total number of outstanding shares is 151.44M. Company’s return on investment (ROI) stands at 15.53% and return on equity (ROE) at 16.15%. It has a price to earnings ratio (P/E ratio) of 6.16 while having a 4.62 of forward P/E ratio. Stock’s beta reads 0.45. Stock has a price to book (P/B) ratio of 0.92 while price to sale or P/S ratio amounts to 0.56. Its return on asset (ROA) is 9.99% on average.