At the end of the latest market close, iQIYI Inc. (IQ) was valued at $3.08. In that particular session, Stock kicked-off at the price of $3.16 while reaching the peak value of $3.241 and lowest value recorded on the day was $3.05. The stock current value is $3.06.Recently in News on September 19, 2022, iQIYI Continues to Support Revenue Sharing Model with Revenue for Shining for One Thing Reaching RMB 100 Million. iQIYI, an innovative market-leading online entertainment service in China, announced recently that Shining for One Thing, a series that streams exclusively on iQIYI via the revenue sharing model, topped RMB 100 million in the revenue it generates, showcasing the success of iQIYI’s revenue sharing model in facilitating commercial gains for quality content. iQIYI will continue to work with producers and help driving the creation of premium content by supporting producers financially and offering premium content promotional and other platform services. 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 $5.77 on 03/01/22, with the lowest value was $1.86 for the same time period, recorded on 03/15/22.
iQIYI Inc. (IQ) full year performance was -64.00%
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 -70.49% during the 52-week period from high price, and 64.52% 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 $1.86 and $10.37.
The company’s shares, operating in the sector of Communication Services managed to top a trading volume set approximately around 7157212 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 -32.89%, having the revenues showcasing -32.89% 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 2.61B, as it employees total of 5856 workers.
Market experts do have their say about iQIYI Inc. (IQ)
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 3.88, with a change in the price was noted -0.50. In a similar fashion, iQIYI Inc. posted a movement of -14.04% for the period of last 100 days, recording 12,339,393 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 2.88 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.96.
Technical breakdown of iQIYI Inc. (IQ)
Raw Stochastic average of iQIYI Inc. in the period of last 50 days is set at 1.71%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 2.22%. In the last 20 days, the company’s Stochastic %K was 6.67% and its Stochastic %D was recorded 10.53%.
Bearing in mind the latest performance of iQIYI Inc., several 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 -32.89%. Additionally, trading for the stock in the period of the last six months notably deteriorated by -34.62%, alongside a downfall of -64.00% for the period of the last 12 months. The shares increased approximately by -8.38% in the 7-day charts and went up by -10.79% in the period of the last 30 days. Common stock shares were lifted by -32.89% during last recorded quarter.