iQIYI Inc ADR (NASDAQ: IQ) is -15.92% lower on its value in year-to-date trading and has touched a low of $1.50 and a high of $5.10 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 $1.71 in the last trading session, with the day’s loss setting it -0.02%.
Currently trading at $1.69, the stock is -10.91% and -14.45% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 27.19 million and changing -1.17% at the moment leaves the stock -24.86% off its SMA200. IQ registered -66.20% loss for a year compared to 6-month loss of -18.75%. The firm has a 50-day simple moving average (SMA 50) of $1.9755 and a 200-day simple moving average (SMA200) of $2.249125.
The stock witnessed a -9.63% gain in the last 1 month and extending the period to 3 months gives it a -25.06%, and is -11.98% 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 3.41% over the week and 3.00% over the month.
iQIYI Inc ADR (IQ) has around 4673 employees, a market worth around $893.00M and $3.95B in sales. Current P/E ratio is 40.72 and Fwd P/E is 7.84. Profit margin for the company is 1.02%. Distance from 52-week low is 12.67% and -66.86% from its 52-week high. The company has generated returns on investments over the last 12 months (1.30%).
with sales reaching $7.19B over the same period.The EPS is expected to shrink by -37.50% this year, but quarterly earnings will post -0.80% year-over-year. Quarterly sales are estimated to shrink -3.35% in year-over-year returns.
245.0 institutions hold shares in iQIYI Inc ADR (IQ), with institutional investors hold 45.38% of the company’s shares. The shares outstanding are 528.40M, and float is at 527.39M with Short Float at 10.70%. Institutions hold 45.28% of the Float.
The top institutional shareholder in the company is MORGAN STANLEY with over 5.79 million shares valued at $21.25 million. The investor’s holdings represent 0.59 of the IQ Shares outstanding. As of 2024-06-30, the second largest holder is GOLDMAN SACHS GROUP INC with 31.2 million shares valued at $114.52 million to account for 0.4543 of the shares outstanding. The other top investors are JPMORGAN CHASE & CO which holds 26.81 million shares representing 0.3903 and valued at over $98.38 million, while ROBECO INSTITUTIONAL ASSET MANAGEMENT B.V. holds 0.3694 of the shares totaling 25.38 million with a market value of $93.13 million.
