QuantaSing Group Ltd ADR (NASDAQ: QSG) is 327.78% higher on its value in year-to-date trading and has touched a low of $1.38 and a high of $8.04 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 QSG stock was last observed hovering at around $6.95 in the last trading session, with the day’s gains setting it 2.29%.
Currently trading at $9.24, the stock is 36.68% and 57.18% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 5.82 million and changing 32.95% at the moment leaves the stock 176.86% off its SMA200. QSG registered 334.86% gain for a year compared to 6-month gain of 217.53%. The firm has a 50-day simple moving average (SMA 50) of $5.8787 and a 200-day simple moving average (SMA200) of $3.373115.
The stock witnessed a 37.91% loss in the last 1 month and extending the period to 3 months gives it a 256.76%, and is 65.00% 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 14.70% over the week and 9.24% over the month.
QuantaSing Group Ltd ADR (QSG) has around 827 employees, a market worth around $319.61M and $430.65M in sales. Current P/E ratio is 8.25 and Fwd P/E is 33.80. Profit margin for the company is 14.32%. Distance from 52-week low is 568.57% and 14.88% from its 52-week high. The company has generated returns on investments over the last 12 months (62.66%).
The EPS is expected to shrink by -14.34% this year.
QuantaSing Group Ltd ADR (QSG) Top Institutional Holders
15.0 institutions hold shares in QuantaSing Group Ltd ADR (QSG), with institutional investors hold 49.43% of the company’s shares. The shares outstanding are 34.59M, and float is at 30.94M with Short Float at 0.86%. Institutions hold 40.98% of the Float.
The top institutional shareholder in the company is GGV CAPITAL LLC with over 3.05 million shares valued at $5.04 million. The investor’s holdings represent 1.8982% of the QSG Shares outstanding. As of 2024-06-30, the second largest holder is BOSTON PARTNERS with 98007.0 shares valued at $0.16 million to account for 0.061 of the shares outstanding. The other top investors are RENAISSANCE TECHNOLOGIES LLC which holds 29500.0 shares representing 0.0183% and valued at over $48675.0, while MILLENNIUM MANAGEMENT LLC holds 0.0139 of the shares totaling 22309.0 with a market value of $36810.0.
QuantaSing Group Ltd ADR (QSG) Insider Activity
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