Quhuo Ltd ADR (NASDAQ: QH) has experienced a rise in its stock price by 8.36 compared to its previous closing price of 0.57. However, the company has seen a gain of 2.40% 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 8.25x, Company’s 36-month beta value is 0.50.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.”
The average trading volume of QH on April 18, 2024 was 321.93K shares.
QH’s Market Performance
QH’s stock has seen a 2.40% increase for the week, with a -48.80% drop in the past month and a -43.11% fall in the past quarter. The volatility ratio for the week is 12.46%, and the volatility levels for the past 30 days are at 29.79% for Quhuo Ltd ADR The simple moving average for the past 20 days is -18.25% for QH’s stock, with a -55.72% 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 -40.73% 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 -88.62% of loss for the given period.
Volatility was left at 29.79%, however, over the last 30 days, the volatility rate increased by 12.46%, as shares sank -49.64% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -46.57% lower at present.
During the last 5 trading sessions, QH rose by +2.40%, which changed the moving average for the period of 200-days by -69.73% in comparison to the 20-day moving average, which settled at $0.7213. In addition, Quhuo Ltd ADR saw -58.20% 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. Equity return is now at value 0.56, with 0.27 for asset returns.
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 1.52.
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.
