Yiren Digital Ltd (NYSE: YRD) stock closed at $4.08 on 1/12/24 after a major decline of -10.9%. This decline was accompanied by normal trading volume. The stock has been exceptionally strong relative to the market over the last nine months but is unchanged during the last week.
Current PriceTarget Research Rating
YRD’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.
Yiren Digital has a current Value Trend Rating of A (Highest Rating). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. Yiren Digital has a very high Power Rating of 89 and a very high Appreciation Score of 90, triggering the Highest Value Trend Rating.
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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