How to Buy Yiren Digital Stock
Yiren Digital Ltd
Yiren Digital is a credit service company located in China, which is part of the Financial Services sector, and is traded under the ticker YRD on the NYSE exchange.
Yiren Digital stock last closed at $5.70, down 2.73% from the previous day, and has increased 21.02% in one year. It has overperformed other stocks in the Credit Services industry by 0.1 percentage points. Yiren Digital stock is currently +38.35% from its 52-week low of $4.12, and -38.04% from its 52-week high of $9.20.
At the moment, there are 172.72M YRD shares outstanding. The market value of YRD is $492.26M. In the last 24 hours, 42,386 YRD shares were traded.
How to Buy Yiren Digital Stock
Wondering how to invest in Yiren Digital stock? Here's how.
- Figure out where to buy Yiren Digital stock: You need to decide on a stock brokerage, but don't worry - we've sifted through dozens of stock brokerages and apps to help you choose where to buy Yiren Digital stock.
- Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Put funds into your investment account: Select your payment method and add your info.
- Research Yiren Digital stock: The Yiren Digital ticker symbol is YRD. Is Yiren Digital stock a good investment? Should you buy shares of YRD? How do YRD's underlying business fundamentals look? Do top analysts think Yiren Digital is a good buy? Why has YRD's stock price moved recently? (Hint: Our stock research website can help you evaluate if YRD is a good stock to buy).
- Place your YRD buy order: Decide if you will purchase YRD shares at the current market price or use a limit order to buy YRD shares at a given price.
- Watch your investment in YRD: Create a watchlist to key updates about your position in Yiren Digital shares.
Step 1: Figure out where to buy Yiren Digital stock
You need an online brokerage account to access the NYSE market and buy YRD shares.
Our preferred brokerage: eToro
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- Security: eToro is a regulated and licensed brokerage platform.
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Get $10 towards your purchase of shares by opening an account with eToro today. This offer is only for US users.
Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've picked the right brokerage, it's time to fill out some personal info so you can invest in YRD today.
How to Set Up a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal info to start a new trading account.
- Send your info by clicking the "Create Account" button. Get started with eToro today
Step 3: Put funds into your investment account
Now that you have filled out your info on a investment app, you can securely and quickly fund your account:
Check out the walkthrough below for more details transferring funds into your new brokerage account.
Step 4: Research Yiren Digital stock
Once you have selected the best place to buy Yiren Digital stock, it's very important to research their stock before you invest, so you truly understand the risk and opportunity.
Yiren Digital quick stats
YRD Overview
WallStreetZen was designed to help everyday investors perform more accurate fundamental analysis.
You can view all of the due diligence checks on YRD's stock page.
How is YRD stock valued?
Analysts use many financial metrics, analyses, models, and charts to gauge YRD's true value.
Using relative valuations methods:
- YRD may be undervalued based on its P/E ratio of 2.27x, relative to Credit Services industry P/E ratio of 28.47x
- YRD could be undervalued based on its P/B ratio of 0.37x, relative to Credit Services industry P/B ratio of 5.13x
- YRD could be undervalued based on its PEG ratio of 0.44x
You can do additional valuation analysis on YRD's stock here.
YRD Financial Health
Positive Health Checks:
- Total YRD debt is lower than 5 years ago, relative to shareholder equity.
- YRD has a low debt to equity ratio of 0.36.
Negative Health Checks:
- YRD profit margin has gone down from 42.5% to 27.3% in the past year.
Metrics for Advanced YRD Traders
YRD Performance Numbers
Last year, YRD earnings were $217.95M. During the last five year, YRD's earnings have gone up by 7.01% per year. This was slower than the Credit Services industry average of 12.61%.
Last year, YRD revenue was $799.71M. During the past five year, YRD's revenue has increased by -8.37% per year. This was slower than the Credit Services industry average of 9.73%.
Dig into YRD's earnings and revenue performance here.
Latest Insiders Trades at YRD
In the past year, executives and large shareholders at YRD have not bought or sold any shares.
Get more info about who owns YRD shares here.
Does YRD stock generate passive income?
Yiren Digital pays a dividend of 3.51%, compared to the Credit Services industry's average dividend yield of 3.92%. If you owned $1,000 of YRD stock, you would have been paid $35.09 in the past year.
Yiren Digital dividend payments have not consistently grown over the past 8 years and have not remained stable.
Find more data about Yiren Digital dividend yield and history here.
YRD Social Trading Data
One of the biggest reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to see what other traders have to say.
Step 5: Place your YRD buy order
You have two primary order types:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are generally fine for most investors. - Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
If you want to ensure you're buying or selling at a particular price limit, place a limit order.
Hit the Open button and your broker will execute your order.
If you want more help investing in stocks on eToro, click the how to video below:
Step 6: Watch your investment in YRD
Now that you own some YRD shares, you'll want to keep up with your investment.
Create a watchlist to see the latest developments about your YRD stock.
YRD Feed
How to Buy Stock in Yiren Digital
To summarize, here are the 6 steps to buy stock in Yiren Digital:
- Figure out where to buy Yiren Digital stock
- Sign up for a brokerage account
- Put funds into your investment account
- Research Yiren Digital stock
- Place your YRD buy order
- Watch your investment in YRD
If you need a place to buy stocks, eToro is our recommended venue.
Get Started with eToro TodayIf you want to track your new investment in Yiren Digital, create a watchlist today.
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