iQIYI Inc ADR (NASDAQ: IQ) is -56.15% lower on its value in year-to-date trading and has touched a low of $1.92 and a high of $5.80 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The IQ stock was last observed hovering at around $2.10 in the last trading session, with the day’s gains setting it 0.04%.
Currently trading at $2.14, the stock is 1.92% and -23.57% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 8.82 million and changing 1.90% at the moment leaves the stock -44.63% off its SMA200. IQ registered -53.78% loss for a year compared to 6-month loss of -47.03%.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The stock witnessed a -17.69% gain in the last 1 month and extending the period to 3 months gives it a -44.85%, and is 8.63% 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 5.69% over the week and 5.86% over the month.
iQIYI Inc ADR (IQ) has around 4788 employees, a market worth around $1.12B and $4.30B in sales. Current P/E ratio is 9.03 and Fwd P/E is 6.25. Profit margin for the company is 5.37%. Distance from 52-week low is 11.46% and -63.10% from its 52-week high. The company has generated returns on investments over the last 12 months (7.54%).
The EPS is expected to shrink by -42.45% this year.
iQIYI Inc ADR (IQ) Top Institutional Holders
The shares outstanding are 525.01M, and float is at 524.90M with Short Float at 10.62%.
The top institutional shareholder in the company is GOLDMAN SACHS GROUP INC with over 31.2 million shares valued at $114.52 million. The investor’s holdings represent 3.2515% of the IQ Shares outstanding. As of 2024-06-30, the second largest holder is JPMORGAN CHASE & CO with 26.81 million shares valued at $98.38 million to account for 2.7933 of the shares outstanding. The other top investors are ROBECO INSTITUTIONAL ASSET MANAGEMENT B.V. which holds 25.38 million shares representing 2.6442% and valued at over $93.13 million, while FIL LTD holds 2.5619 of the shares totaling 24.59 million with a market value of $90.23 million.
iQIYI Inc ADR (IQ) Insider Activity
#####
