iQIYI Inc ADR (NASDAQ: IQ) has a price-to-earnings ratio of 12.07x that is above its average ratio. Additionally, the 36-month beta value for IQ is 0.06. There are mixed opinions on the stock, with 3 analysts rating it as a “buy,” 1 rating it as “overweight,” 1 rating it as “hold,” and 0 rating it as “sell.”
The public float for IQ is 524.90M and currently, short sellers hold a 10.70% ratio of that float. The average trading volume of IQ on October 01, 2024 was 11.69M shares.
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IQ) stock’s latest price update
The stock price of iQIYI Inc ADR (NASDAQ: IQ) has surged by 1.06 when compared to previous closing price of 2.83, but the company has seen a 33.64% gain in its stock price over the last five trading sessions. prnewswire.com reported 2024-09-26 that C-Dramas Become Leading Choice in Southeast Asia BEIJING, Sept. 26, 2024 /PRNewswire/ — On September 25, iQIYI, China’s leading online entertainment platform, announced the upcoming release of over 300 new titles across diverse genres over the next year, at its iJOY Conference held in Shanghai.
IQ’s Market Performance
IQ’s stock has risen by 33.64% in the past week, with a monthly rise of 27.68% and a quarterly drop of -20.11%. The volatility ratio for the week is 12.03% while the volatility levels for the last 30 days are 6.96% for iQIYI Inc ADR The simple moving average for the past 20 days is 32.78% for IQ’s stock, with a -25.01% simple moving average for the past 200 days.
Analysts’ Opinion of IQ
HSBC Securities gave a rating of “Reduce” to IQ, setting the target price at $3 in the report published on July 23rd of the current year.
IQ Trading at 7.07% from the 50-Day Moving Average
After a stumble in the market that brought IQ to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -50.69% of loss for the given period.
Volatility was left at 6.96%, however, over the last 30 days, the volatility rate increased by 12.03%, as shares surge +33.02% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -18.29% lower at present.
During the last 5 trading sessions, IQ rose by +33.64%, which changed the moving average for the period of 200-days by -38.36% in comparison to the 20-day moving average, which settled at $2.19. In addition, iQIYI Inc ADR saw -41.39% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for IQ
Current profitability levels for the company are sitting at:
- 0.09 for the present operating margin
- 0.27 for the gross margin
The net margin for iQIYI Inc ADR stands at 0.05. The total capital return value is set at 0.12. Equity return is now at value 14.20, with 3.70 for asset returns.
Based on iQIYI Inc ADR (IQ), the company’s capital structure generated 0.56 points at debt to capital in total, while cash flow to debt ratio is standing at 0.17. The debt to equity ratio resting at 1.28. The interest coverage ratio of the stock is 2.47.
Currently, EBITDA for the company is 17.36 billion with net debt to EBITDA at 3.38. When we switch over and look at the enterprise to sales, we see a ratio of 0.95. The receivables turnover for the company is 11.69for trailing twelve months and the total asset turnover is 0.65. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.53.
Conclusion
In conclusion, iQIYI Inc ADR (IQ) has seen mixed performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others rating it 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.
