Let’s start up with the current stock price of Qudian Inc. (QD), which is $1.16 to be very precise. The Stock rose vividly during the last session to $1.19 after opening rate of $1.08 while the lowest price it went was recorded $1.08 before closing at $1.07.Recently in News on December 21, 2021, Qudian Chairman & CEO to Purchase Up to US$10 Million of ADSs. Qudian Inc. (“Qudian” or “the Company”) (NYSE: QD), a leading technology platform empowering the enhancement of the online consumer finance experience in China, today announced that Mr. Min Luo, the Company’s founder, chairman and chief executive officer, has informed the Company that he intends to use personal funds to purchase up to US$10 million of the Company’s American depository shares (“ADSs”) over the next 12 months. Purchases will take place in full compliance with applicable laws and the Company’s securities trading policy. You can read further details here
Qudian 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 $1.1900 on 01/12/22, with the lowest value was $0.9600 for the same time period, recorded on 01/03/22.
Qudian Inc. (QD) full year performance was -36.61%
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, Qudian Inc. shares are logging -69.63% during the 52-week period from high price, and 43.10% 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 $0.81 and $3.82.
The company’s shares, operating in the sector of Financial managed to top a trading volume set approximately around 1741094 for the day, which was evidently higher, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the Qudian Inc. (QD) recorded performance in the market was 19.70%, having the revenues showcasing -26.11% 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 305.13M, as it employees total of 1047 workers.
Qudian Inc. (QD) in the eye of market guru’s
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 1.4629, with a change in the price was noted -0.34. In a similar fashion, Qudian Inc. posted a movement of -22.67% for the period of last 100 days, recording 1,357,292 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 QD is recording 0.00 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.07.
Qudian Inc. (QD): Stocks Technical analysis and Trends
Raw Stochastic average of Qudian Inc. in the period of last 50 days is set at 34.96%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 92.09%. In the last 20 days, the company’s Stochastic %K was 76.59% and its Stochastic %D was recorded 58.49%.
If we look into the earlier routines of Qudian Inc., multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 19.70%. Additionally, trading for the stock in the period of the last six months notably deteriorated by -42.86%, alongside a downfall of -36.61% for the period of the last 12 months. The shares increased approximately by 10.48% in the 7-day charts and went up by 4.50% in the period of the last 30 days. Common stock shares were lifted by -26.11% during last recorded quarter.