Yintech Investment Holdings Limited (NASDAQ:YIN) announced its quarterly earnings data on Tuesday. The financial services provider reported $0.19 earnings per share for the quarter, Morningstar.com reports. Yintech Investment Holdings Limited had a net margin of 34.09% and a return on equity of 43.70%.

Shares of Yintech Investment Holdings Limited (NASDAQ YIN) traded down 0.62% during midday trading on Tuesday, hitting $9.60. 30,521 shares of the stock were exchanged. The firm’s 50-day moving average is $10.00 and its 200-day moving average is $13.99. The stock has a market cap of $671.28 million, a price-to-earnings ratio of 3.70 and a beta of -0.94. Yintech Investment Holdings Limited has a 12 month low of $8.53 and a 12 month high of $22.97.

ILLEGAL ACTIVITY NOTICE: This report was posted by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are accessing this report on another site, it was copied illegally and reposted in violation of international trademark and copyright law. The correct version of this report can be read at https://www.thecerbatgem.com/2017/08/29/yintech-investment-holdings-limited-yin-issues-earnings-results.html.

An institutional investor recently raised its position in Yintech Investment Holdings Limited stock. Arrowstreet Capital Limited Partnership boosted its stake in Yintech Investment Holdings Limited (NASDAQ:YIN) by 69.3% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 342,694 shares of the financial services provider’s stock after buying an additional 140,329 shares during the period. Arrowstreet Capital Limited Partnership owned 0.49% of Yintech Investment Holdings Limited worth $3,427,000 at the end of the most recent quarter. Hedge funds and other institutional investors own 1.66% of the company’s stock.

Separately, Zacks Investment Research lowered shares of Yintech Investment Holdings Limited from a “hold” rating to a “strong sell” rating in a research note on Saturday, May 27th.

Yintech Investment Holdings Limited Company Profile

Yintech Investment Holdings Limited is an online provider of spot commodity trading services in China. The Company facilitates the trading by individual customers of silver, gold, and other precious metals and commodities on the Shanghai Gold Exchange, the Tianjin Precious Metals Exchange and the Guangdong Precious Metals Exchange.

Receive News & Stock Ratings for Yintech Investment Holdings Limited Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Yintech Investment Holdings Limited and related stocks with our FREE daily email newsletter.