Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Yiren Digital Ltd - ADR before investing.

In this article, we go over a few key elements for understanding Yiren Digital Ltd - ADR’s stock price such as:

• Yiren Digital Ltd - ADR’s current stock price and volume
• Why Yiren Digital Ltd - ADR’s stock price changed recently
• Upgrades and downgrades for YRD from analysts
• YRD’s stock price momentum as measured by its relative strength

About Yiren Digital Ltd - ADR (YRD)

Before we jump into Yiren Digital Ltd - ADR’s stock price, history, target price and what caused it to recently dip, let’s take a look at some background.

Yiren Digital Ltd is a holding company mainly engaged in the operation of a digital personal financial management platform, and the provision of holistic wealth solutions, credit and financial solutions to individual borrowers and small business owners. The Company operates through three segments. The Yiren Wealth segment is engaged in the operation of a wealth solution platform for the mass affluent population and provides comprehensive wealth solutions. The Yiren Credit segment is engaged in the operation of a credit-tech platform that provides individual borrowers and small business owners with a full spectrum of online and offline, multi-channel loan products. The Others segment is engaged in the electronic commerce business that provides products such as skin care and beauty, electronics and appliances and allow users to finance purchases through loan products, while providing customized non-financial products and services. The Company is also engaged in the insurance business.

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Yiren Digital Ltd - ADR’s Stock Price as of Market Close

As of May 21, 2024, 4:00 PM, CST, Yiren Digital Ltd - ADR’s stock price was $4.81.

Yiren Digital Ltd - ADR is down 4.18% from its previous closing price of $5.02.

During the last market session, Yiren Digital Ltd - ADR’s stock traded between $4.90 and $5.10. Currently, there are 87.72 million shares of Yiren Digital Ltd - ADR stock available for purchase.

Yiren Digital Ltd - ADR’s price-earnings (P/E) ratio is currently at 1.6, which is low compared to the Consumer Lending industry median of 9.7. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

Yiren Digital Ltd - ADR Stock Price History

Yiren Digital Ltd - ADR’s (YRD) price is currently down 4.56% so far this month.

During the month of May, Yiren Digital Ltd - ADR’s stock price has reached a high of $5.60 and a low of $4.53.

Over the last year, Yiren Digital Ltd - ADR has hit prices as high as $5.80 and as low as $1.94. Year to date, Yiren Digital Ltd - ADR’s stock is up 251.09%.

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What Caused Yiren Digital Ltd - ADR Stock’s Price to Dip?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of May 20, 2024, there were analysts who downgraded Yiren Digital Ltd - ADR’s stock and analysts who upgraded over the last month.

Additionally, you'll want to evaluate Yiren Digital Ltd - ADR’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Yiren Digital Ltd - ADR’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Yiren Digital Ltd - ADR’s current valuation based on AAII’s Value Grade is a A, which means it is considered to be Deep Value.

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Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Yiren Digital Ltd - ADR (YRD) by visiting AAII Stock Evaluator.

Relative Price Strength of Yiren Digital Ltd - ADR

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of May 20, 2024, Yiren Digital Ltd - ADR has a weighted four-quarter relative price strength of 12.97%, which translates to a Momentum Score of 89 and is considered to be Very Strong.

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Yiren Digital Ltd - ADR Stock Price: Bottom Line

As of May 21, 2024, Yiren Digital Ltd - ADR’s stock price is $4.81, which is down 4.18% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Yiren Digital Ltd - ADR stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

Subscribing to AAII's A+ Investor provides access to comprehensive analytics and insights for confident investing.