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Stock Alert: FinVolution Group Rises 5%


RTTNews | Jun 17, 2021 01:41PM EDT

13:40 Thursday, June 17, 2021 (RTTNews.com) - Shares of Chinese fintech platform FinVolution Group (FINV) are up 5 percent on Thursday's trading extending gains from early this week. The company recently reported first-quarter net income of RMB 590.4 million or $90.1 million, higher than RMB 419.4 million in the prior-year quarter. On an ADS basis, income was RMB 2.00 or $0.31, up from RMB 1.36 in the same period last year. Quarterly revenues came in at RMB 2.11 billion or $322.5 million, higher than RMB 2.10 billion a year ago. The stock is currently trading at $9.94, up $0.52 or 5 percent on the NYSE FINV has traded between $1.56 and $10.61 during the past 52 weeks.

Read the original article on RTTNews ( https://www.rttnews.com/3203271/stock-alert-finvolution-group-rises-5.aspx)

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