For the readers interested in the stock health of Qudian Inc. (QD). It is currently valued at $1.13. When the transactions were called off in the previous session, Stock hit the highs of $1.13, after setting-off with the price of $1.05. Company’s stock value dipped to $1.03 during the trading on the day. When the trading was stopped its value was $1.01.Recently in News on June 14, 2022, Qudian Inc. Announces up to US$200 Million Share Repurchase Program. Qudian Inc. (“Qudian” or “the Company” or “We”) (NYSE: QD), a consumer-oriented technology company in China, today announced that its board of directors has authorized a share repurchase program under which the Company may repurchase up to US$200 million worth of its outstanding (i) American depositary shares (“ADSs”), each representing one Class A ordinary share, and/or (ii) Class A ordinary shares over the next 24 months starting from June 13, 2022. 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 $1.3400 on 03/22/22, with the lowest value was $0.6300 for the same time period, recorded on 03/15/22.
Qudian Inc. (QD) full year performance was -52.52%
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 -60.35% during the 52-week period from high price, and 79.37% 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 $0.63 and $2.85.
The company’s shares, operating in the sector of Financial managed to top a trading volume set approximately around 2597410 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 16.60%, having the revenues showcasing 7.62% 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 269.86M, as it employees total of 940 workers.
Analysts verdict on Qudian Inc. (QD)
During the last month, 0 analysts gave the Qudian Inc. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 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 0.9510, with a change in the price was noted +0.23. In a similar fashion, Qudian Inc. posted a movement of +26.09% for the period of last 100 days, recording 1,255,770 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 0.04.
Qudian Inc. (QD): Technical Analysis
Raw Stochastic average of Qudian Inc. in the period of last 50 days is set at 75.00%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 79.25%. In the last 20 days, the company’s Stochastic %K was 64.15% and its Stochastic %D was recorded 59.14%.
Let’s take a glance in the erstwhile performances 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 16.60%. Additionally, trading for the stock in the period of the last six months notably improved by 25.89%, alongside a downfall of -52.52% for the period of the last 12 months. The shares increased approximately by 56.92% in the 7-day charts and went up by 43.64% in the period of the last 30 days. Common stock shares were driven by 7.62% during last recorded quarter.