The stock price of Qudian Inc ADR (NYSE: QD) has dropped by -0.22 compared to previous close of 2.27. Despite this, the company has seen a fall of -6.79% 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.
Is It Worth Investing in Qudian Inc ADR (NYSE: QD) Right Now?
The price-to-earnings ratio for Qudian Inc ADR (NYSE: QD) is 118.59x, which is above its average ratio. Moreover, the 36-month beta value for QD is 0.71. Analysts have varying opinions on the stock, with 3 analysts rating it as a “buy,” 3 as “overweight,” 1 as “hold,” and 0 as “sell.”
On April 18, 2024, QD’s average trading volume was 965.70K shares.
QD’s Market Performance
The stock of Qudian Inc ADR (QD) has seen a -6.79% decrease in the past week, with a -8.30% drop in the past month, and a 4.38% gain in the past quarter. The volatility ratio for the week is 4.82%, and the volatility levels for the past 30 days are at 3.59% for QD. The simple moving average for the past 20 days is -7.34% for QD’s stock, with a 5.75% simple moving average for the past 200 days.
QD Trading at -6.00% 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 -12.88% of loss for the given period.
Volatility was left at 3.59%, however, over the last 30 days, the volatility rate increased by 4.82%, as shares sank -9.56% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +3.65% upper at present.
During the last 5 trading sessions, QD fell by -6.58%, which changed the moving average for the period of 200-days by +11.82% in comparison to the 20-day moving average, which settled at $2.43. In addition, Qudian Inc ADR saw 11.03% 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 -7.25. The receivables turnover for the company is 17.17for trailing twelve months and the total asset turnover is 0.04.
Conclusion
To wrap up, the performance of Qudian Inc ADR (QD) has been mixed in recent times. The stock has received a bullish of “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.
