Qudian Inc. [QD] stock is down -2.69 while the S&P 500 has fallen -0.65% on Wednesday, 10/14/20. While at the time of this article, QD ATR is sitting at 0.09. This stock’s volatility for the past week remained at 5.27%, while it was 6.89% for the past 30-day period. QD has fallen -$0.04 from the previous closing price of $1.30 on volume of 0.92 million shares.

On 23, September 2020, Qudian Inc. Announces Change to Board of Directors. According to news published on Yahoo Finance, Qudian Inc. (“Qudian” or “the Company” or “We”) (NYSE: QD), a leading technology platform empowering the enhancement of online consumer finance experience in China, today announced that Mr. Rocky Ta-Chen Lee has tendered his resignation as a director of the Company’s board of directors for personal reasons. Mr. Lee’s resignation was effective as of September 23, 2020. The Company would like to express its gratitude for services provided by Mr. Lee.

Analyst Birdseye View:

The most recent analyst activity for Qudian Inc. [NYSE:QD] stock was on January 22, 2020, when it was Downgrade with a Reduce rating from Nomura. On January 22, 2020, Credit Suisse Downgrade a Neutral rating. On January 21, 2020, Morgan Stanley Downgrade an Equal-weight rating. On November 20, 2019, Macquarie Downgrade an Underperform rating. On April 08, 2019, Morgan Stanley Upgrade an Overweight rating. On February 27, 2019, Nomura Downgrade a Neutral rating.

In the past 52 weeks of trading, this stock has oscillated between a low of $1.21 and a peak of $7.89. Right now, according to Wall Street analyst the average 12-month amount target is $10.38. At the most recent market close, shares of Qudian Inc. [NYSE:QD] were valued at $1.26. According to the average price forecast, investors can expect a potential return of 86.49%.

FUNDAMENTAL ANALYSIS

Qudian Inc. [NYSE:QD] most recently reported quarterly sales of 182.66 billion, which represented growth of -47.40%. This publicly-traded organization’s revenue is $1,367,521 per employee, while its income is $498,850 per employee. This company’s Gross Margin is currently 85.80%, its Operating Margin is 11.70%, its Pretax Margin is +43.48, and its Net Margin is +36.48. Continuing to look at profitability, this corporation’s Return on Assets, Equity, Whole Principal & invested Principal is sitting at 18.88, 28.74, 25.30 and 25.63 respectively.

If looking now at the Principal structure of this organization, it shows its whole liability to the whole Principal at 22.35 and the whole liability to whole assets at 18.70. It shows enduring liability to the whole principal at 15.38 and enduring liability to assets at 0.13 while looking for an extended time period.

Readers are usually of view to make a close observation to the indicators that support and make resistance before moving to any particular stock. As of now, the company’s stock is sitting at 1.2833 points at 1st support level, the second support level is making up to 1.2667. But as of 1st resistance point, this stock is sitting at 1.3333 and at 1.3667 for 2nd resistance point.

Qudian Inc. [QD] reported its earnings at $0.02 per share in the fiscal quarter closing of 6/29/2020. The Analysts for Wall Street were expecting to report its earnings at -$0.08/share signifying the difference of 0.1 and 125.00% surprise value. Comparing the previous quarter ending of 3/30/2020, the stated earnings were -$0.51 calling estimates for -$0.26/share with the difference of -0.25 depicting the surprise of -96.20%.

Important Ratio’s To Watch

Meanwhile, turning our focus to liquidity, the Current Ratio for Qudian Inc. [NYSE:QD] is 4.50. Now if looking for a valuation of this stock’s amount to sales ratio it’s 1.32, it’s amount to book ratio is 0.70 and showing 3.60 of P/E (TTM) ratio.