The Impact of Market Fluctuations on iQIYI Inc ADR’s (IQ) Stock

The stock of iQIYI Inc ADR (IQ) has seen a 9.54% increase in the past week, with a 53.47% gain in the past month, and a -16.89% decrease in the past quarter. The volatility ratio for the week is 10.35%, and the volatility levels for the past 30 days are at 7.39% for IQ. The simple moving average for the past 20 days is 32.51% for IQ’s stock, with a -18.01% simple moving average for the past 200 days.

Is It Worth Investing in iQIYI Inc ADR (NASDAQ: IQ) Right Now?

iQIYI Inc ADR (NASDAQ: IQ) has a price-to-earnings ratio that is above its average at 13.09x. The stock has a 36-month beta value of 0.06. Opinions on the stock are mixed, with 3 analysts rating it as a “buy,” 1 as “overweight,” 1 as “hold,” and 0 as “sell.”

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The public float for IQ is 524.90M, and at present, short sellers hold a 10.70% of that float. On October 07, 2024, the average trading volume of IQ was 14.34M shares.

IQ) stock’s latest price update

The stock of iQIYI Inc ADR (NASDAQ: IQ) has increased by 4.03 when compared to last closing price of 2.98. Despite this, the company has experienced a 9.54% 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.

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 16.99% 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 -46.55% of loss for the given period.

Volatility was left at 7.39%, however, over the last 30 days, the volatility rate increased by 10.35%, as shares surge +58.16% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -0.32% lower at present.

During the last 5 trading sessions, IQ rose by +9.54%, which changed the moving average for the period of 200-days by -33.05% in comparison to the 20-day moving average, which settled at $2.40. In addition, iQIYI Inc ADR saw -36.48% 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 1.0. 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

To sum up, iQIYI Inc ADR (IQ) has seen a mixed performance recently. Analysts have differing views on the stock, with some seeing 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.

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