Qudian Inc ADR (NYSE: QD) is -0.98% lower on its value in year-to-date trading and has touched a low of $1.52 and a high of $2.60 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 QD stock was last observed hovering at around $1.83 in the last trading session, with the day’s gains setting it 0.19%.
Currently trading at $2.02, the stock is 10.56% and 10.19% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.9 million and changing 10.38% at the moment leaves the stock -2.37% off its SMA200. QD registered -0.98% loss for a year compared to 6-month loss of -18.88%. The firm has a 50-day simple moving average (SMA 50) of $1.8322 and a 200-day simple moving average (SMA200) of $2.06985.
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The stock witnessed a 6.32% gain in the last 1 month and extending the period to 3 months gives it a 8.02%, and is 7.45% 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 5.57% over the week and 4.71% over the month.
Qudian Inc ADR (QD) has around 305 employees, a market worth around $276.96M and $31.34M in sales. Profit margin for the company is -120.17%. Distance from 52-week low is 32.89% and -22.31% from its 52-week high. The company has generated returns on investments over the last 12 months (-2.38%).
The top institutional shareholder in the company is UBS GROUP AG with over 8.25 million shares valued at $16.33 million. The investor’s holdings represent 4.2411 of the QD Shares outstanding. As of 2024-06-30, the second largest holder is ACADIAN ASSET MANAGEMENT LLC with 4.81 million shares valued at $9.52 million to account for 2.474 of the shares outstanding. The other top investors are UBS GROUP AG which holds 1.94 million shares representing 0.995 and valued at over $3.83 million, while MORGAN STANLEY holds 0.8923 of the shares totaling 1.74 million with a market value of $3.44 million.
