Alert: Major Price Decline (11/20/24)-Yiren Digital Ltd (NYSE: YRD).

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Yiren Digital Ltd (NYSE: YRD) stock suffered a major decline of -18.0% on 11/20/24. The shares closed at $4.86. Moreover, this decline was accompanied by exceptionally high trading volume at 221% of normal. Relative to the market the stock has been strong over the last nine months but has declined -17.9% during the last week.

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Current PriceTarget Research Rating

Yiren Digital has a current Value Trend Rating of A (Highest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing complementary signals. Yiren Digital has a slightly positive Power Rating of 60 and a very high Appreciation Score of 96, and the Highest Value Trend Rating results.

Rating Review

In light of this highly negative price change we are reviewing our current Overall Rating of A. This review will be completed in the next several days.

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