The stock of Qifu Technology Inc. ADR (QFIN) has seen a 7.59% increase in the past week, with a 4.18% gain in the past month, and a 16.15% flourish in the past quarter. The volatility ratio for the week is 3.30%, and the volatility levels for the past 30 days are at 3.23% for QFIN. The simple moving average for the past 20 days is 5.44% for QFIN’s stock, with a 48.74% simple moving average for the past 200 days.
Is It Worth Investing in Qifu Technology Inc. ADR (NASDAQ: QFIN) Right Now?
Qifu Technology Inc. ADR (NASDAQ: QFIN) has a higher price-to-earnings ratio of 8.14x compared to its average ratio. QFIN has 36-month beta value of 0.67. Analysts have mixed views on the stock, with 9 analysts rating it as a “buy,” 2 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for QFIN is 144.49M, and currently, short sellers hold a 1.97% ratio of that float. The average trading volume of QFIN on January 24, 2025 was 1.27M shares.
QFIN) stock’s latest price update
Qifu Technology Inc. ADR (NASDAQ: QFIN) has seen a rise in its stock price by 4.90 in relation to its previous close of 37.99. However, the company has experienced a 7.59% gain in its stock price over the last five trading sessions. zacks.com reported 2025-01-22 that Buy these four top-ranked stocks, CSTL, OPFI, GCT and QIFU, with solid net profit margins to enhance your portfolio returns.
Analysts’ Opinion of QFIN
BofA Securities, on the other hand, stated in their research note that they expect to see QFIN reach a price target of $24.50. The rating they have provided for QFIN stocks is “Buy” according to the report published on July 06th, 2023.
China Renaissance gave a rating of “Buy” to QFIN, setting the target price at $20.80 in the report published on September 29th of the previous year.
QFIN Trading at 9.00% from the 50-Day Moving Average
After a stumble in the market that brought QFIN to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -1.14% of loss for the given period.
Volatility was left at 3.23%, however, over the last 30 days, the volatility rate increased by 3.30%, as shares surge +3.63% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +26.87% upper at present.
During the last 5 trading sessions, QFIN rose by +6.87%, which changed the moving average for the period of 200-days by +101.96% in comparison to the 20-day moving average, which settled at $37.78. In addition, Qifu Technology Inc. ADR saw 3.83% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at QFIN starting from Yan Zheng, who proposed sale 483,000 shares at the price of $37.88 back on Dec 03 ’24. After this action, Yan Zheng now owns shares of Qifu Technology Inc. ADR, valued at $18,296,040 using the latest closing price.
Holy Vanguard Ltd, the Officer of Qifu Technology Inc. ADR, proposed sale 1,200,000 shares at $37.88 during a trade that took place back on Dec 03 ’24, which means that Holy Vanguard Ltd is holding shares at $45,456,000 based on the most recent closing price.
Stock Fundamentals for QFIN
Current profitability levels for the company are sitting at:
- 0.37 for the present operating margin
- 0.65 for the gross margin
The net margin for Qifu Technology Inc. ADR stands at 0.36. The total capital return value is set at 0.12. Equity return is now at value 24.70, with 11.66 for asset returns.
Based on Qifu Technology Inc. ADR (QFIN), the company’s capital structure generated 0.04 points at debt to capital in total, while cash flow to debt ratio is standing at 8.28.
When we switch over and look at the enterprise to sales, we see a ratio of 2.81. The receivables turnover for the company is 3.24for trailing twelve months and the total asset turnover is 0.32.
Conclusion
To put it simply, Qifu Technology Inc. ADR (QFIN) has had a better performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others as 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.
