Qudian Inc ADR (NYSE: QD) is 22.55% higher on its value in year-to-date trading and has touched a low of $1.10 and a high of $2.60 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The QD stock was last observed hovering at around $2.51 in the last trading session, with the day’s loss setting it -0.01%.
Currently trading at $2.50, the stock is 3.46% and 9.34% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.93 million and changing -0.40% at the moment leaves the stock 19.80% off its SMA200. QD registered 110.08% gain for a year compared to 6-month gain of 25.00%. The firm has a 50-day simple moving average (SMA 50) of -$1.94 and a 200-day simple moving average (SMA200) of $2.28.
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The stock witnessed a 2.04% loss in the last 1 month and extending the period to 3 months gives it a 18.48%, and is 2.46% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.64% over the week and 3.92% over the month.
Qudian Inc ADR (QD) has around 215 employees, a market worth around $421.88M and $26.02M in sales. Current P/E ratio is 130.89. Profit margin for the company is 32.28%. Distance from 52-week low is 127.27% and -3.85% from its 52-week high. The company has generated returns on investments over the last 12 months (0.51%).
Qudian Inc ADR quarterly earnings per share for the current quarter are estimated at $0 with sales reaching $47.58M over the same period.
52 institutions hold shares in Qudian Inc ADR (QD), with institutional investors hold 13.07% of the company’s shares. Institutions hold 11.82% of the Float.
The top institutional shareholder in the company is Acadian Asset Management. LLC with over 7.0 million shares valued at $17.49 million. The investor’s holdings represent 4.33% of the QD Shares outstanding. As of Dec 30, 2023, the second largest holder is Goldman Sachs Group Inc with 1.84 million shares valued at $4.61 million to account for 1.14% of the shares outstanding. The other top investors are Morgan Stanley which holds 1.52 million shares representing 0.94% and valued at over $3.79 million, while Taikang Asset Management (Hong Kong) Co Ltd holds 0.81% of the shares totaling 1.3 million with a market value of $3.25 million.
