mid-cap

Update on One NYSE-Listed Financial Stock During Current Market Uncertainties – FinVolution Group

Apr 10, 2025 | Team Kalkine

Read Time :10 Mins

Update on One NYSE-Listed Financial Stock During Current Market Uncertainties – FinVolution Group — Image source: shutterstock

FINV:NYSE

Investment Type

Mid - Cap

Risk Level

Action

Rec. Price (US$)

Company Overview: FinVolution Group, (NYSE: FINV) formerly PPDAI GROUP INC, is a China-based company mainly engaged in operating an online consumer finance platform. The Company’s products and services include loan services offered to borrowers, investment services offered to individual investors and institutional funding partners.

As per our previous US Daily Report published on ‘FINV’ on 18^th October 2024, Kalkine provided a ‘Buy’ stance on the stock at USD 5.93, based on “price action, recent key business and financial updates, momentum in the stock over the last month, and technical indicators analysis” and has generated around 38.11% return with attainment of both resistance 1 and resistance 2.

Noted below are the details of support and resistance levels provided in our previous report:

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Disclaimer-

Kalkine Equities LLC, with Delaware File Number 4697384, Foreign Qualification Registration in California File Number 202109211078, and Texas File Number 805521396, is authorized to provide general advice only. The information on https://kalkine.com/ does not take into account any of your investment objectives, financial situation or needs. You should consider the appropriateness of advice taking into account your own objectives, financial situation and needs and seek independent financial advice before making any financial decisions. The link to our Terms and Conditions and Privacy Policy has been provided for your reference. On the date of publishing the reports (mentioned on the website), employees and/or associates of Kalkine do not hold positions in any of the stocks covered on the website. These stocks can change any time and readers of the reports should not consider these stocks as advice or recommendations later.

Small-Cap