In the past week, IQ stock has gone down by -9.69%, with a monthly decline of -5.96% and a quarterly plunge of -4.21%. The volatility ratio for the week is 6.80%, and the volatility levels for the last 30 days are 6.77% for iQIYI Inc ADR The simple moving average for the past 20 days is -5.73% for IQ’s stock, with a -38.83% 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 10.11x. The stock has a 36-month beta value of 0.01. Opinions on the stock are mixed, with 11 analysts rating it as a “buy,” 1 as “overweight,” 10 as “hold,” and 1 as “sell.”
The public float for IQ is 524.22M, and at present, short sellers hold a 8.21% of that float. On December 23, 2024, the average trading volume of IQ was 23.01M shares.
IQ) stock’s latest price update
The stock of iQIYI Inc ADR (NASDAQ: IQ) has increased by 0.99 when compared to last closing price of 2.03.Despite this, the company has seen a loss of -9.69% in its stock price over the last five trading days. prnewswire.com reported 2024-12-11 that BEIJING, Dec. 11, 2024 /PRNewswire/ — On December 7, iQIYI, China’s leading online entertainment platform, hosted its signature annual iQIYI Scream Night at the Galaxy Arena in Macao. The star-studded event unveiled a total of 66 honors across various categories, from drama to variety shows, and was streamed live globally to celebrate exceptional content and creative talent that continue to resonate with audiences worldwide.
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 -11.55% 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 -64.66% of loss for the given period.
Volatility was left at 6.77%, however, over the last 30 days, the volatility rate increased by 6.80%, as shares surge +1.49% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -19.92% lower at present.
During the last 5 trading sessions, IQ fell by -9.69%, which changed the moving average for the period of 200-days by -45.62% in comparison to the 20-day moving average, which settled at $2.17. In addition, iQIYI Inc ADR saw -57.99% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at IQ starting from Wang Xiaohui, who proposed sale 35,000 shares at the price of $1.95 back on Nov 25 ’24. After this action, Wang Xiaohui now owns shares of iQIYI Inc ADR, valued at $68,250 using the latest closing price.
Stock Fundamentals for IQ
Current profitability levels for the company are sitting at:
- 0.08 for the present operating margin
- 0.26 for the gross margin
The net margin for iQIYI Inc ADR stands at 0.05. The total capital return value is set at 0.1. Equity return is now at value 11.52, with 3.17 for asset returns.
Based on iQIYI Inc ADR (IQ), the company’s capital structure generated 0.5 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 0.99. The interest coverage ratio of the stock is 2.07.
Currently, EBITDA for the company is 17.25 billion with net debt to EBITDA at 2.18. When we switch over and look at the enterprise to sales, we see a ratio of 0.83. The receivables turnover for the company is 11.84for trailing twelve months and the total asset turnover is 0.68. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.45.
Conclusion
To sum up, iQIYI Inc ADR (IQ) has seen a bad 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.
