QuantaSing Group Ltd ADR [QSG] stock prices are up 17.54% to $4.02 at the moment. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The QSG shares have gain 48.89% over the last week, with a monthly amount glided 73.28%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
QuantaSing Group Ltd ADR [NASDAQ: QSG] stock has seen the most recent analyst activity on September 21, 2023, when Noble Capital Markets initiated its Outperform rating and assigned the stock a price target of $10. Previously, Citigroup started tracking the stock with Neutral rating on July 24, 2023, and set its price target to $9.70.
The stock price of QuantaSing Group Ltd ADR [QSG] has been fluctuating between $1.38 and $5.85 over the past year. Currently, Wall Street analysts expect the stock to reach $1.72 within the next 12 months. QuantaSing Group Ltd ADR [NASDAQ: QSG] shares were valued at $4.02 at the most recent close of the market. An investor can expect a potential drop of -57.21% based on the average QSG price forecast.
Analyzing the QSG fundamentals
The QuantaSing Group Ltd ADR [NASDAQ:QSG] reported sales of 483.77M for trailing twelve months, representing a drop of -25.49%. Gross Profit Margin for this corporation currently stands at 0.84% with Operating Profit Margin at 0.14%, Pretax Profit Margin comes in at 0.15%, and Net Profit Margin reading is 0.12%. To continue investigating profitability, this company’s Return on Assets is posted at 0.28, Equity is 0.78 and Total Capital is 0.66. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.07.
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 3.57 points at the first support level, and at 3.12 for the second support level. However, for the 1st resistance point, the stock is sitting at 4.53, and for the 2nd resistance point, it is at 5.04.
Ratios To Look Out For
It’s worth pointing out that QuantaSing Group Ltd ADR [NASDAQ:QSG]’s Current Ratio is 1.82. Further, the Quick Ratio stands at 1.80, while the Cash Ratio is 1.42. Considering the valuation of this stock, the price to sales ratio is 0.29, the price to book ratio is 2.26 and price to earnings (TTM) ratio is 3.82.
