QuantaSing Group Ltd ADR (NASDAQ: QSG) is 146.79% higher on its value in year-to-date trading and has touched a low of $1.40 and a high of $4.48 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 QSG stock was last observed hovering at around $2.97 in the last trading session, with the day’s gains setting it 0.88%.
Currently trading at $3.85, the stock is 108.80% and 118.88% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.2 million and changing 29.63% at the moment leaves the stock 53.89% off its SMA200. QSG registered 70.35% gain for a year compared to 6-month loss of -1.28%. The firm has a 50-day simple moving average (SMA 50) of $1.80196 and a 200-day simple moving average (SMA200) of $2.51269.
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The stock witnessed a 126.47% gain in the last 1 month and extending the period to 3 months gives it a 131.93%, and is 105.88% 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 22.50% over the week and 9.33% over the month.
QuantaSing Group Ltd ADR (QSG) has around 827 employees, a market worth around $133.17M and $525.21M in sales. Current P/E ratio is 4.06 and Fwd P/E is 8.46. Profit margin for the company is 10.14%. Distance from 52-week low is 174.02% and -14.06% from its 52-week high. The company has generated returns on investments over the last 12 months (72.55%).
The EPS is expected to grow by 16.02% this year
The shares outstanding are 34.59M, and float is at 30.45M with Short Float at 0.76%.
