Quhuo Ltd ADR (QH) Shares Soar Above 1-Year High

Quhuo Ltd ADR (NASDAQ: QH)’s stock price has gone rise by 8.37 in comparison to its previous close of 0.54, however, the company has experienced a -1.65% decrease in its stock price over the last five trading days. PRNewsWire reported 2024-03-28 that BEIJING, March 28, 2024 /PRNewswire/ — Quhuo Limited (NASDAQ: QH) (“Quhuo,” the “Company,” “we” or “our”), a leading gig economy platform focusing on life services in China, today announced that it will report unaudited financial results for the second half and full year 2023 before the open of the U.S. markets on Wednesday, April 3, 2024. The Company’s management will hold a conference call on Wednesday, April 3, 2024, at 8:00 a.m.

Is It Worth Investing in Quhuo Ltd ADR (NASDAQ: QH) Right Now?

The price-to-earnings ratio for Quhuo Ltd ADR (NASDAQ: QH) is above average at 14.86x, Company’s 36-month beta value is 0.52.Analysts have differing opinions on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”

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The average trading volume of QH on April 04, 2024 was 281.14K shares.

QH’s Market Performance

The stock of Quhuo Ltd ADR (QH) has seen a -1.65% decrease in the past week, with a -47.31% drop in the past month, and a -59.30% fall in the past quarter. The volatility ratio for the week is 27.76%, and the volatility levels for the past 30 days are at 24.19% for QH. The simple moving average for the past 20 days is -43.97% for QH’s stock, with a -59.71% simple moving average for the past 200 days.

Analysts’ Opinion of QH

Many brokerage firms have already submitted their reports for QH stocks, with ROTH Capital repeating the rating for QH by listing it as a “Buy.” The predicted price for QH in the upcoming period, according to ROTH Capital is $18 based on the research report published on August 04, 2020 of the previous year 2020.

QH Trading at -49.42% from the 50-Day Moving Average

After a stumble in the market that brought QH to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -89.07% of loss for the given period.

Volatility was left at 24.19%, however, over the last 30 days, the volatility rate increased by 27.76%, as shares sank -48.24% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -52.02% lower at present.

During the last 5 trading sessions, QH fell by -1.65%, which changed the moving average for the period of 200-days by -71.49% in comparison to the 20-day moving average, which settled at $1.0256. In addition, Quhuo Ltd ADR saw -59.86% in overturn over a single year, with a tendency to cut further losses.

Stock Fundamentals for QH

Current profitability levels for the company are sitting at:

  • -0.2 for the present operating margin
  • 2.04 for the gross margin

The net margin for Quhuo Ltd ADR stands at -0.3. The total capital return value is set at 0.05.

Based on Quhuo Ltd ADR (QH), the company’s capital structure generated 0.17 points at debt to capital in total, while cash flow to debt ratio is standing at 0.61. The debt to equity ratio resting at 0.21. The interest coverage ratio of the stock is -2.18.

Currently, EBITDA for the company is 1.18 million with net debt to EBITDA at -0.58. When we switch over and look at the enterprise to sales, we see a ratio of 0.05. The receivables turnover for the company is -0.31for trailing twelve months and the total asset turnover is -0.14. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.43.

Conclusion

In a nutshell, Quhuo Ltd ADR (QH) has experienced a bad performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.

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