QuantaSing Group Ltd ADR (NASDAQ: QSG)’s stock price has gone rise by 9.63 in comparison to its previous close of 3.01, however, the company has experienced a 4.43% increase in its stock price over the last five trading days. Zacks Investment Research reported 2024-04-25 that QuantaSing Group Limited Unsponsored ADR (QSG) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock’s prospects.
Is It Worth Investing in QuantaSing Group Ltd ADR (NASDAQ: QSG) Right Now?
The price-to-earnings ratio for QuantaSing Group Ltd ADR (NASDAQ: QSG) is above average at 7.01x. The 36-month beta value for QSG is also noteworthy at 1.31. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
The public float for QSG is 37.87M, and at present, short sellers hold a 0.05% of that float. The average trading volume of QSG on May 10, 2024 was 158.65K shares.
QSG’s Market Performance
QSG stock saw a decrease of 4.43% in the past week, with a monthly decline of -10.57% and a quarterly a decrease of -13.39%. The volatility ratio for the week is 7.57%, and the volatility levels for the last 30 days are 8.37% for QuantaSing Group Ltd ADR (QSG). The simple moving average for the past 20 days is 0.56% for QSG’s stock, with a -10.38% simple moving average for the past 200 days.
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 -3.49% 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 -88.62% of loss for the given period.
Volatility was left at 8.37%, however, over the last 30 days, the volatility rate increased by 7.57%, as shares sank -4.90% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -5.17% lower at present.
During the last 5 trading sessions, QSG rose by +4.43%, which changed the moving average for the period of 200-days by -57.69% in comparison to the 20-day moving average, which settled at $3.27. In addition, QuantaSing Group Ltd ADR saw 111.54% 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:
- 0.05 for the present operating margin
- 0.86 for the gross margin
The net margin for QuantaSing Group Ltd ADR stands at 0.06. The total capital return value is set at 0.42. 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 0.18 points at debt to capital in total, while cash flow to debt ratio is standing at 0.87.
Currently, EBITDA for the company is -113.61 million with net debt to EBITDA at -4.59. When we switch over and look at the enterprise to sales, we see a ratio of 0.14. The receivables turnover for the company is 179.21for trailing twelve months and the total asset turnover is 2.58. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.31.
Conclusion
In summary, QuantaSing Group Ltd ADR (QSG) has had a mixed performance as of late. Analysts have mixed opinions on the stock, with some viewing 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.
