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These Numbers Show Favorable Signs for iQIYI Inc ADR (IQ)

iQIYI Inc ADR (NASDAQ: IQ) is -18.41% lower on its value in year-to-date trading and has touched a low of $1.50 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 $1.64 in the last trading session, with the day’s loss setting it 0.0%.

Currently trading at $1.64, the stock is -20.80% and -25.20% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 72.66 million and changing 0.00% at the moment leaves the stock -33.71% off its SMA200. IQ registered -62.73% loss for a year compared to 6-month loss of -35.94%. The firm has a 50-day simple moving average (SMA 50) of $2.1926 and a 200-day simple moving average (SMA200) of $2.4741.

The stock witnessed a -30.21% gain in the last 1 month and extending the period to 3 months gives it a -10.38%, and is -5.75% down 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 10.82% over the week and 7.67% over the month.

iQIYI Inc ADR (IQ) has around 4673 employees, a market worth around $866.58M and $4.06B in sales. Current P/E ratio is 14.95 and Fwd P/E is 5.42. Profit margin for the company is 2.62%. Distance from 52-week low is 9.33% and -71.72% 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 19.16% 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

242.0 institutions hold shares in iQIYI Inc ADR (IQ), with institutional investors hold 46.34% of the company’s shares. The shares outstanding are 528.40M, and float is at 527.39M with Short Float at 11.30%. Institutions hold 46.24% 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 HSBC HOLDINGS PLC holds 1.3494 of the shares totaling 12.95 million with a market value of $47.46 million.

iQIYI Inc ADR (IQ) Insider Activity

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