Qudian Inc ADR (QD) Shares Soar Above 1-Year High

Qudian Inc ADR (NYSE: QD) has seen a rise in its stock price by 3.36 in relation to its previous close of 2.38. InvestorPlace reported 2023-12-11 that Qudian (NYSE: QD ) just reported results for the third quarter of 2023. Qudian reported earnings per share of -11 cents.

Is It Worth Investing in Qudian Inc ADR (NYSE: QD) Right Now?

The price-to-earnings ratio for Qudian Inc ADR (NYSE: QD) is above average at 128.80x, Company’s 36-month beta value is 0.69.Analysts have differing opinions on the stock, with 3 analysts rating it as a “buy,” 3 as “overweight,” 1 as “hold,” and 0 as “sell.”

The average trading volume of QD on April 04, 2024 was 998.46K shares.

QD’s Market Performance

The stock of Qudian Inc ADR (QD) has seen a 0.00% decrease in the past week, with a 5.13% rise in the past month, and a 24.24% gain in the past quarter. The volatility ratio for the week is 3.79%, and the volatility levels for the past 30 days are at 3.75% for QD. The simple moving average for the past 20 days is 0.70% for QD’s stock, with a 16.25% simple moving average for the past 200 days.

QD Trading at 5.40% from the 50-Day Moving Average

After a stumble in the market that brought QD to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -5.38% of loss for the given period.

Volatility was left at 3.75%, however, over the last 30 days, the volatility rate increased by 3.79%, as shares surge +6.03% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +22.39% upper at present.

During the last 5 trading sessions, QD remain unchanged, which changed the moving average for the period of 200-days by +35.16% in comparison to the 20-day moving average, which settled at $2.45. In addition, Qudian Inc ADR saw 20.59% in overturn over a single year, with a tendency to cut further gains.

Stock Fundamentals for QD

Current profitability levels for the company are sitting at:

  • -0.03 for the present operating margin
  • 0.73 for the gross margin

The net margin for Qudian Inc ADR stands at 0.2. The total capital return value is set at -0.0. Equity return is now at value 0.50, with 0.47 for asset returns.

Based on Qudian Inc ADR (QD), the company’s capital structure generated 0.01 points at debt to capital in total, while cash flow to debt ratio is standing at 505.27. The debt to equity ratio resting at 0.01. The interest coverage ratio of the stock is 0.03.

Currently, EBITDA for the company is 1.02 billion with net debt to EBITDA at 70.26. When we switch over and look at the enterprise to sales, we see a ratio of -7.1. The receivables turnover for the company is 17.17for trailing twelve months and the total asset turnover is 0.04.

Conclusion

In a nutshell, Qudian Inc ADR (QD) has experienced a better performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.

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