Qudian Inc ADR (QD) Stock: A Review of the Recent Movement

In the past week, QD stock has gone up by 1.63%, with a monthly gain of 2.04% and a quarterly surge of 15.21%. The volatility ratio for the week is 3.43%, and the volatility levels for the last 30 days are 3.55% for Qudian Inc ADR. The simple moving average for the past 20 days is 1.34% for QD’s stock, with a 17.42% simple moving average for the past 200 days.

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

Qudian Inc ADR (NYSE: QD) has a higher price-to-earnings ratio of 130.89x compared to its average ratio, The 36-month beta value for QD is at 0.69. Analysts have varying views on the stock, with 3 analysts rating it as a “buy,” 3 rating it as “overweight,” 1 as “hold,” and 0 as “sell.”

The average trading volume for QD on April 11, 2024 was 1.01M shares.

QD) stock’s latest price update

The stock price of Qudian Inc ADR (NYSE: QD) has dropped by 0.00 compared to previous close of 2.50. Despite this, the company has seen a gain of 1.63% in its stock price over the last five trading days. 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.

QD Trading at 5.21% 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 -3.85% of loss for the given period.

Volatility was left at 3.55%, however, over the last 30 days, the volatility rate increased by 3.43%. Over the last 50 days, in opposition, the stock is trading +21.36% upper at present.

During the last 5 trading sessions, QD rose by +1.63%, which changed the moving average for the period of 200-days by +29.53% in comparison to the 20-day moving average, which settled at $2.47. In addition, Qudian Inc ADR saw 22.55% 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 -6.69. The receivables turnover for the company is 17.17for trailing twelve months and the total asset turnover is 0.04.

Conclusion

In conclusion, Qudian Inc ADR (QD) has had a better performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others a “hold”. 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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