Hexindai Inc. (NASDAQ:HX) announced that it will further diversify its business by launching a new e-commerce installment financing platform “Hexin Installments”. The new platform will offer carefully curated categories for installment financing, such as electronic products, education and travel products and services. With convenient installment payments, consumers can easily purchase competitively priced products and services on the platform.
The
insider ownership percentage is the key indicator, can be used by investors, to
measure the outlook of senior management has on their company. Institutional
ownership refers to the ownership stake in a company that is held by large
financial organizations, pension funds or endowments. The Institutional
ownership for the HX is 4.30%.
Insider trading is the buying or selling of any publicly traded company’s stock
and this can be done by someone who has non-public, material information about
that HX. Insider trading can be illegal or legal depending on when the insider
makes the trade. It is illegal when the material information is still non-public.
Institutional ownership is the amount of a Hexindai Inc. (NASDAQ:HX)’s
available stock owned by mutual or pension funds, insurance companies,
investment firms, private foundations, endowments or other large entities that
actually manage the funds on the behalf of others, so its an interesting
element for the traders to note it, and the Institutional ownership for the HX
is 1.30%.
a Financial sector firm, Hexindai Inc. (NASDAQ:HX) stock ticked up 2.94% on
Monday and when day-trade ended the stock finally concluded at $2.45 and number
of shares that changed hands during the day are 137979. The number of shares HX
stock currently held by all its shareholders are 49.11 and floated shares, the
number of shares are available for trading in an open market on last trading
day are 48.37. The average volume of shares for 3 months is 217.60 and HX stock
value has moved between $1.87 – 10.65 in last one year.
The Hexindai Inc. (NASDAQ:HX)’s latest earnings date is 6/18/2019. The Gross
margin is the difference between the revenue and the cost of goods sold (COGS),
divided by revenue. In other words, Gross Margin is a percentage value, while
Gross Profit is a monetary value. The profit margin is 9.00% and the stock has
gained -2.00% in 2019 to date.
[finviz ticker=HX]
U.S. traded shares of Hexindai Inc. (NASDAQ:HX)’s
monthly stock performance is -7.55%, the quarterly performance is -26.65%, the
half year performance is calculated as -6.49%. The yearly performance of HX is
-76.07%.
The higher the volatility, the riskier the security. For example, when the
stock market rises and falls more than one percent over a sustained period of
time, it is called a “volatile” market, if the stock price stays
relatively stable, the security has low volatility. The Hexindai Inc.
(NASDAQ:HX) weekly volatility is measured as 4.63% and monthly volatility
measured as 5.78%.
Return on assets (ROA) is a main indicator of how profitable a company is
relative to its total assets. HX return on assets is 3.40%, the return on
equity (ROE) of the Hexindai Inc. (NASDAQ:HX) is 4.10%, while the most
important return on investment is calculates as a percentage and is typically
used for personal financial decisions, and HX return on investment is 2.20%.
The price to earnings ratio is 40.16, price to sales ratio is 1.96, and price
to book ratio is 0.95, price to cash per share ration is 2.10.
Analysts mean target price for Hexindai Inc. (NASDAQ:HX) is $22.00. The current
share price indicates that stock is -76.67% away from its one year high and is
moving 31.09% ahead of its 52-week low. HX’s distance from 20 day simple moving
average is 7.08% and distance from 50-Day simple moving average is -6.11%.
