The stock of QuantaSing Group Ltd ADR (QSG) has gone down by -4.61% for the week, with a 3.53% rise in the past month and a 15.79% rise in the past quarter. The volatility ratio for the week is 10.23%, and the volatility levels for the past 30 days are 8.29% for QSG. The simple moving average for the past 20 days is -6.45% for QSG’s stock, with a -14.08% simple moving average for the past 200 days.
Is It Worth Investing in QuantaSing Group Ltd ADR (NASDAQ: QSG) Right Now?
QuantaSing Group Ltd ADR (NASDAQ: QSG) has a price-to-earnings ratio that is above its average at 7.48x. The stock has a 36-month beta value of 1.14. Opinions on the stock are mixed, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for QSG is 37.87M, and at present, short sellers hold a 0.22% of that float. On April 18, 2024, the average trading volume of QSG was 197.07K shares.
QSG) stock’s latest price update
QuantaSing Group Ltd ADR (NASDAQ: QSG) has experienced a rise in its stock price by 7.65 compared to its previous closing price of 3.27. However, the company has seen a fall of -4.61% in its stock price over the last five trading days. Zacks Investment Research reported 2024-04-16 that In the latest trading session, QuantaSing Group Limited Unsponsored ADR (QSG) closed at $3.27, marking a +0.93% move from the previous day.
Analysts’ Opinion of QSG
Many brokerage firms have already submitted their reports for QSG stocks, with Noble Capital Markets repeating the rating for QSG by listing it as a “Outperform.” The predicted price for QSG in the upcoming period, according to Noble Capital Markets is $10 based on the research report published on September 21, 2023 of the previous year 2023.
Citigroup, on the other hand, stated in their research note that they expect to see QSG reach a price target of $9.70. The rating they have provided for QSG stocks is “Neutral” according to the report published on July 24th, 2023.
QSG Trading at 0.09% from the 50-Day Moving Average
After a stumble in the market that brought QSG to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -87.86% of loss for the given period.
Volatility was left at 8.29%, however, over the last 30 days, the volatility rate increased by 10.23%, as shares surge +8.31% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -8.33% lower at present.
During the last 5 trading sessions, QSG fell by -4.61%, which changed the moving average for the period of 200-days by -59.59% in comparison to the 20-day moving average, which settled at $3.78. In addition, QuantaSing Group Ltd ADR saw 125.64% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for QSG
Current profitability levels for the company are sitting at:
- 0.03 for the present operating margin
- 0.86 for the gross margin
The net margin for QuantaSing Group Ltd ADR stands at 0.04. The total capital return value is set at 0.37. Equity return is now at value 196.19, with 18.17 for asset returns.
Based on QuantaSing Group Ltd ADR (QSG), the company’s capital structure generated 0.24 points at debt to capital in total, while cash flow to debt ratio is standing at 0.81.
Currently, EBITDA for the company is -113.61 million with net debt to EBITDA at -5.23. When we switch over and look at the enterprise to sales, we see a ratio of 0.22. The receivables turnover for the company is 122.26for trailing twelve months and the total asset turnover is 2.69. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.31.
Conclusion
To sum up, QuantaSing Group Ltd ADR (QSG) has seen a mixed performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. 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.
