Qudian Inc ADR (NYSE: QD) is 49.02% higher on its value in year-to-date trading and has touched a low of $1.52 and a high of $3.10 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 $3.05 in the last trading session, with the day’s loss setting it -0.01%.
Currently trading at $3.04, the stock is 23.98% and 34.12% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.38 million and changing -0.33% at the moment leaves the stock 43.71% off its SMA200. QD registered 93.63% gain for a year compared to 6-month gain of 77.78%. The firm has a 50-day simple moving average (SMA 50) of $2.2666 and a 200-day simple moving average (SMA200) of $2.1154.
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The stock witnessed a 31.03% loss in the last 1 month and extending the period to 3 months gives it a 67.96%, and is 22.58% 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 12.61% over the week and 6.45% over the month.
Qudian Inc ADR (QD) has around 305 employees, a market worth around $416.81M and $33.46M in sales. Current P/E ratio is 75.81. Profit margin for the company is 17.17%. Distance from 52-week low is 100.00% and -1.94% from its 52-week high. The company has generated returns on investments over the last 12 months (0.35%).
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.
