Should You Invest in Qudian Inc ADR (QD) Now?

Qudian Inc ADR (NYSE: QD) has a higher price-to-earnings ratio of 127.23x compared to its average ratio, The 36-month beta value for QD is at 0.68. 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 26, 2024 was 928.41K shares.

QD) stock’s latest price update

Qudian Inc ADR (NYSE: QD)’s stock price has plunge by -1.22relation to previous closing price of 2.46. Nevertheless, the company has seen a 8.00% surge in its stock price over the last five trading sessions. 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’s Market Performance

Qudian Inc ADR (QD) has seen a 8.00% rise in stock performance for the week, with a -1.22% decline in the past month and a 19.12% surge in the past quarter. The volatility ratio for the week is 4.61%, and the volatility levels for the past 30 days are at 4.08% for QD. The simple moving average for the past 20 days is 0.64% for QD’s stock, with a 13.02% simple moving average for the past 200 days.

QD Trading at 0.35% 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 -6.54% of loss for the given period.

Volatility was left at 4.08%, however, over the last 30 days, the volatility rate increased by 4.61%, as shares sank -2.41% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +5.19% upper at present.

During the last 5 trading sessions, QD rose by +8.00%, which changed the moving average for the period of 200-days by +13.55% in comparison to the 20-day moving average, which settled at $2.41. In addition, Qudian Inc ADR saw 19.12% 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:

  • -2.56 for the present operating margin
  • -0.32 for the gross margin

The net margin for Qudian Inc ADR stands at 0.31. The total capital return value is set at -0.03. 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 0.0 points at debt to capital in total, while cash flow to debt ratio is standing at 1028.07. The debt to equity ratio resting at 0.0. The interest coverage ratio of the stock is 0.62.

Currently, EBITDA for the company is -317.26 million with net debt to EBITDA at 14.1. When we switch over and look at the enterprise to sales, we see a ratio of -23.96. The receivables turnover for the company is 4.94for trailing twelve months and the total asset turnover is 0.01.

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.

Related Posts