360 Finance (NASDAQ: QFIN) stock identified change of 13.74% away from 52-week low price and recently located move of -53.95% off 52-week high price. It has market worth of $1640.13M . QFIN stock has been recorded -27.22% away from 50 day moving average and -27.10% away from 200 day moving average. Moving closer, we can see that shares have been trading -8.57% off 20-day moving average.
360 Finance (NASDAQ: QFIN), a leading digital consumer finance platform, reported that Mr. Andrew Y Yan has joined the Company’s board of directors (the “Board”) as an independent director, effective immediately, and that Mr. Yunfan Zhang has resigned from the Board due to personal reasons, effective from July 10, 2019.
Mr. Andrew Y Yan is the founding managing partner of SAIF Partners IV, III and SB Asia Investment Fund II L.P., and president and executive managing director of Softbank Asia Infrastructure Fund. Before joining Softbank Asia Infrastructure Fund in 2001, Mr. Yan was a managing director and the head of the Hong Kong office of Emerging Markets Partnership, the management company of AIG Asian Infrastructure Funds from 1994 to 2001. Mr. Yan is currently an independent non-executive director of China Resources Land Limited; a non-executive director of Guodian Technology & Environment Group Corporation Limited; an independent director of BlueFocus Communication Group and TCL Corporation; a director of Qingdao Haier Co., Ltd. and ATA Inc. He is also a director of China PE/VC Association Board, and a trustee member of Peking University Endowment. Mr. Yan received a master of arts degree from Princeton University, and a bachelor’s degree in engineering from the Nanjing Aeronautic Institute.
Mr. Hongyi Zhou, the chairman of the Board, commented, “On behalf of the Board, I would like to thank Mr. Yunfan Zhang for his services to 360 Finance. We wish him the best in his future endeavors. At the same time, we are pleased to welcome Mr. Andrew Y Yan and believe he will be a valuable asset to 360 Finance as we continue to sustainably grow our business and deliver long-term shareholder value.”
The Board has also decided to change the composition of the committees upon Mr. Andrew Y Yan’s joining. After such change, the audit committee of the Board will consist of Mr. Yongjin Fu, Mr. Gang Xiao and Mr. Andrew Y Yan, the nominating and corporate governance committee of the Board will consist of Mr. Hongyi Zhou, Mr. Andrew Y Yan, and Mr. Wei Liu, the compensation committee of the Board will consist of Mr. Andrew Y Yan, Mr. Hongyi Zhou, and Mr. Jun Xu.
The Financial sector company, 360 Finance noticed change of -0.44% to $11.26 along volume of 301934 shares in recent session compared to an average volume of 347.83K. The stock observed return of -1.57% in 5 days trading activity. The stock was at -21.70% over one month performance. QFIN’s shares are at -34.72% for the quarter and is now at -27.39% since this point in 2018.
The average volatility for the week at 2.69% and for month was at 7.37%. There are 145.66M shares outstanding and 3.1M shares are floated in market.
Category – Finance
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