iQIYI Inc ADR (NASDAQ: IQ) is 12.44% higher on its value in year-to-date trading and has touched a low of $1.82 and a high of $5.80 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 IQ stock was last observed hovering at around $2.25 in the last trading session, with the day’s gains setting it 0.01%.
Currently trading at $2.26, the stock is -2.11% and 0.38% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 39.02 million and changing 0.44% at the moment leaves the stock -12.48% off its SMA200. IQ registered -43.92% loss for a year compared to 6-month loss of -15.67%. The firm has a 50-day simple moving average (SMA 50) of $2.2515 and a 200-day simple moving average (SMA200) of $2.582175.
The stock witnessed a 8.65% gain in the last 1 month and extending the period to 3 months gives it a 6.60%, and is 2.73% 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 6.26% over the week and 6.15% over the month.
iQIYI Inc ADR (IQ) has around 4673 employees, a market worth around $1.19B and $4.06B in sales. Current P/E ratio is 20.60 and Fwd P/E is 7.45. Profit margin for the company is 2.62%. Distance from 52-week low is 24.18% and -61.03% from its 52-week high. The company has generated returns on investments over the last 12 months (3.33%).
with sales reaching $7.1B over the same period.The EPS is expected to grow by 18.73% this year, but quarterly earnings will post -0.03% year-over-year. Quarterly sales are estimated to shrink -10.50% in year-over-year returns.
iQIYI Inc ADR (IQ) Top Institutional Holders
243.0 institutions hold shares in iQIYI Inc ADR (IQ), with institutional investors hold 46.56% of the company’s shares. The shares outstanding are 528.40M, and float is at 527.39M with Short Float at 10.43%. Institutions hold 46.46% of the Float.
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 2.7319 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 17.79 million shares representing 1.8537% and valued at over $65.29 million, while FEDERATED HERMES, INC. holds 1.6732 of the shares totaling 16.06 million with a market value of $58.93 million.
iQIYI Inc ADR (IQ) Insider Activity
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