How to buy Hexindai stock | $2.47

Hexindai Inc is a credit services business based in the US. Hexindai shares (HX) are listed on the NASDAQ and all prices are listed in US Dollars. Hexindai employs 182 staff and has a trailing 12-month revenue of around USD$7.6 million.

How to buy shares in Hexindai

1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
3. Search for Hexindai. Find the stock by name or ticker symbol: HX. Research its history to confirm it's a solid investment against your financial goals.
4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Hexindai reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
5. Decide on how many to buy. At last close price of USD$2.47, weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of Hexindai, depending on your broker.
6. Check in on your investment. Congratulations, you own a part of Hexindai. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

Hexindai share price

Use our graph to track the performance of HX stocks over time.

Hexindai shares at a glance

• Key figures

Information last updated 2020-12-27.

Latest market close	USD$2.47
52-week range	USD$0.7644 - USD$3.81
50-day moving average	USD$2.3411
200-day moving average	USD$2.2474
Wall St. target price	USD$3
PE ratio	N/A
Dividend yield	N/A (0%)
Earnings per share (TTM)	USD$-0.649

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Is it a good time to buy Hexindai stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Technical Analysis of Hexindai Inc by TradingView

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Hexindai price performance over time

Historical closes compared with the close of $2.47 from 2020-12-31

1 week (2021-01-07)	6.01%
1 month (2020-12-17)	-6.08%
3 months (2020-10-16)	35.71%
6 months (2020-07-16)	198.06%

1 year (2020-01-16)	286.00%
2 years (2019-01-16)	-11.47%
3 years (2018-01-16)	10.86
5 years (2016-01-13)	N/A

Hexindai financials

Revenue TTM	USD$7.6 million
Gross profit TTM	USD$11.4 million
Return on assets TTM	-34.27%
Return on equity TTM	-138.47%
Profit margin	0%
Book value	$1.661
Market capitalisation	USD$40.7 million

TTM: trailing 12 months

Shorting Hexindai shares

There are currently 94,431 Hexindai shares held short by investors – that's known as Hexindai's "short interest". This figure is 201.3% up from 31,339 last month.

There are a few different ways that this level of interest in shorting Hexindai shares can be evaluated.

Hexindai's "short interest ratio" (SIR)

Hexindai's "short interest ratio" (SIR) is the quantity of Hexindai shares currently shorted divided by the average quantity of Hexindai shares traded daily (recently around 1.3 million). Hexindai's SIR currently stands at 0.07. In other words for every 100,000 Hexindai shares traded daily on the market, roughly 70 shares are currently held short.

However Hexindai's short interest can also be evaluated against the total number of Hexindai shares, or, against the total number of tradable Hexindai shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Hexindai's short interest could be expressed as 0.01% of the outstanding shares (for every 100,000 Hexindai shares in existence, roughly 10 shares are currently held short) or 0% of the tradable shares (for every 100,000 tradable Hexindai shares, roughly 0 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Hexindai.

Find out more about how you can short Hexindai stock.

Hexindai share dividends

We're not expecting Hexindai to pay a dividend over the next 12 months.

Have Hexindai's shares ever split?

Hexindai's shares were split on a 1:3 basis on 24 August 2020. So if you had owned 3 shares the day before before the split, the next day you'd have owned 1 share. This wouldn't directly have changed the overall worth of your Hexindai shares – just the quantity. However, indirectly, the new 200% higher share price could have impacted the market appetite for Hexindai shares which in turn could have impacted Hexindai's share price.

Hexindai share price volatility

Over the last 12 months, Hexindai's shares have ranged in value from as little as $0.7644 up to $3.81. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Hexindai's is 1.1954. This would suggest that Hexindai's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).

Hexindai overview

Hexindai Inc. operates a consumer lending marketplace that facilitates loans in China. It primarily focuses on facilitating medium-sized credit loans. The company provides borrowers a range of products based on customer segmentation data and tailored to the specific needs of the emerging middle class; and investors various types of investment products. It also operates Xiaobai Maimai, an e-commerce mobile platform that offers food and beverage, wine and cigarettes, cosmetic products, fashion and apparel, entertainment, houseware, and home appliances. The company was founded in 2013 and is headquartered in Beijing, China.

Frequently asked questions

• What percentage of Hexindai is owned by institutions?

  Currently 2.733% of Hexindai shares are held by institutions.

• How many people work for Hexindai?

  Latest data suggests 182 work at Hexindai.

• When does the fiscal year end for Hexindai?

  Hexindai's fiscal year ends in March.

• Where is Hexindai based?

  Hexindai's address is: Block C, Shimao, Beijing, China, 100020

• What is Hexindai's ISIN number?

  Hexindai's international securities identification number is: US4282952088

• What is Hexindai's CUSIP number?

  Hexindai's Committee on Uniform Securities Identification Procedures number is: 428295109