iQIYI Inc ADR (NASDAQ: IQ) is -17.91% 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 $1.65 in the last trading session, with the day’s loss setting it 0.0%.
Currently trading at $1.65, the stock is -14.36% and -23.31% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 19.55 million and changing 0.00% at the moment leaves the stock -32.25% off its SMA200. IQ registered -60.43% loss for a year compared to 6-month loss of -32.65%. The firm has a 50-day simple moving average (SMA 50) of $2.1514 and a 200-day simple moving average (SMA200) of $2.4354.
The stock witnessed a -30.38% gain in the last 1 month and extending the period to 3 months gives it a -14.95%, and is 0.61% 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 6.34% over the week and 7.66% over the month.
iQIYI Inc ADR (IQ) has around 4673 employees, a market worth around $871.86M and $4.06B in sales. Current P/E ratio is 15.04 and Fwd P/E is 5.73. Profit margin for the company is 2.62%. Distance from 52-week low is 10.00% and -71.55% from its 52-week high. The company has generated returns on investments over the last 12 months (3.33%).
with sales reaching $7.09B over the same period.The EPS is expected to grow by 11.72% this year, but quarterly earnings will post -0.32% year-over-year. Quarterly sales are estimated to shrink -10.51% 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 46.53% 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 46.43% of the Float.
The top institutional shareholder in the company is JPMORGAN CHASE & CO with over 26.81 million shares valued at $98.38 million. The investor’s holdings represent 2.7319% of the IQ Shares outstanding. As of 2024-06-30, the second largest holder is HSBC HOLDINGS PLC with 12.95 million shares valued at $47.46 million to account for 1.3494 of the shares outstanding. The other top investors are DIMENSIONAL FUND ADVISORS LP which holds 5.85 million shares representing 0.6092% and valued at over $21.44 million, while JANE STREET GROUP, LLC holds 0.4818 of the shares totaling 4.62 million with a market value of $16.97 million.
iQIYI Inc ADR (IQ) Insider Activity
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