Qudian Inc ADR (QD) Shares See 4.70% Rise Over Last Week

Qudian Inc ADR [QD] stock prices are up 2.94% to $2.45 at the moment. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The QD shares have gain 4.70% over the last week, with a monthly amount glided 11.36%, and seem to be holding up well over a long-time horizon.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

On 11, December 2023, Qudian Inc. Reports Third Quarter 2023 Unaudited Financial Results. In a post published today on Yahoo Finance, Qudian Inc. (“Qudian” or “the Company” or “We”) (NYSE: QD), a consumer-oriented technology company, today announced its unaudited financial results for the quarter ended September 30, 2023.

From an analyst’s perspective:

Qudian Inc ADR [NYSE: QD] stock has seen the most recent analyst activity on June 04, 2020, when Citigroup downgraded its rating to a Sell. Previously, Nomura downgraded its rating to Reduce on January 22, 2020. On January 22, 2020, downgrade downgraded it’s rating to Neutral. Morgan Stanley downgraded its rating to a Equal-Weight. Macquarie downgraded its rating to a Underperform. Morgan Stanley upgraded its rating to Overweight for this stock on April 08, 2019. In a note dated February 27, 2019, Nomura downgraded an Neutral rating on this stock.

The stock price of Qudian Inc ADR [QD] has been fluctuating between $1.08 and $2.55 over the past year. Qudian Inc ADR [NYSE: QD] shares were valued at $2.45 at the most recent close of the market.

Analyzing the QD fundamentals

The Qudian Inc ADR [NYSE:QD] reported sales of 39.97M for trailing twelve months, representing a drop of -65.65%. Gross Profit Margin for this corporation currently stands at 0.73% with Operating Profit Margin at -0.03%, Pretax Profit Margin comes in at 0.49%, and Net Profit Margin reading is 0.2%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.01 and Total Capital is -0.0. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.01.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 2.37 points at the first support level, and at 2.29 for the second support level. However, for the 1st resistance point, the stock is sitting at 2.50, and for the 2nd resistance point, it is at 2.55.

Qudian Inc ADR [QD] reported earnings per share of -$0.03 for its fiscal quarter that ended on 12/30/2021. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $0.14/share, meaning a difference of -$0.17 and a surprise factor of -121.40%. By comparison, the stated earnings for the previous quarter ended on 9/29/2021 were -$0.06 per share as compared to estimates of $0.18 per share, a difference of -$0.24 representing a surprise of -133.30%.

Ratios To Look Out For

Considering the valuation of this stock, the price to sales ratio is 10.34, the price to book ratio is 0.23 and price to earnings (TTM) ratio is 6.30.

Related Posts