For the readers interested in the stock health of iQIYI Inc. (IQ). It is currently valued at $9.26. When the transactions were called off in the previous session, Stock hit the highs of $9.568, after setting-off with the price of $9.49. Company’s stock value dipped to $9.08 during the trading on the day. When the trading was stopped its value was $9.59.Recently in News on September 9, 2021, iQIYI romantic drama ‘One and Only’ tops popularity rankings and generates buzz on social media. iQIYI Inc. (NASDAQ: IQ) (“iQIYI” or the “Company”), an innovative market-leading online entertainment service in China, is pleased to announce that its recently released romantic drama series One and Only has become a huge hit both domestically and overseas. The show has achieved a content popularity index of over 8,500 on the Company’s platform since its release, having also topped the popularity rankings on multiple renowned Chinese content review platforms. The show is also among the top five drama series in terms of overseas viewership on iQIYI’s international app (iQ.com), attracting much attention on global social media platforms. One and Only proves itself to be another iQIYI overseas hit that, like Story of Yanxi Palace, combines traditional Chinese aesthetics with original storytelling and universal appeal. You can read further details here
iQIYI Inc. had a pretty Dodgy run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $28.97 on 03/23/21, with the lowest value was $8.16 for the same time period, recorded on 08/19/21.
iQIYI Inc. (IQ) full year performance was -56.57%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, iQIYI Inc. shares are logging -68.04% during the 52-week period from high price, and 13.48% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $8.16 and $28.97.
The company’s shares, operating in the sector of Communication Services managed to top a trading volume set approximately around 5369989 for the day, which was evidently lower, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the iQIYI Inc. (IQ) recorded performance in the market was -47.03%, having the revenues showcasing -40.49% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 7.40B, as it employees total of 7721 workers.
The Analysts eye on iQIYI Inc. (IQ)
During the last month, 9 analysts gave the iQIYI Inc. a BUY rating, 1 of the polled analysts branded the stock as an OVERWEIGHT, 10 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 1 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 12.65, with a change in the price was noted -6.00. In a similar fashion, iQIYI Inc. posted a movement of -39.32% for the period of last 100 days, recording 10,351,213 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for IQ is recording 2.65 at the time of this writing. In addition, long term Debt to Equity ratio is set at 1.57.
Technical rundown of iQIYI Inc. (IQ)
Raw Stochastic average of iQIYI Inc. in the period of last 50 days is set at 15.71%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 44.90%. In the last 20 days, the company’s Stochastic %K was 56.46% and its Stochastic %D was recorded 59.78%.
Considering, the past performance of iQIYI Inc., multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be encouraging, given the fact the metric is recording -47.03%. Additionally, trading for the stock in the period of the last six months notably deteriorated by -63.17%, alongside a downfall of -56.57% for the period of the last 12 months. The shares increased approximately by -7.12% in the 7-day charts and went down by -2.22% in the period of the last 30 days. Common stock shares were lifted by -40.49% during last recorded quarter.