360 DigiTech Inc. (QFIN) is priced at $22.21 after the most recent trading session. At the very opening of the session, the stock price was $22.16 and reached a high price of $22.30, prior to closing the session it reached the value of $21.60. The stock touched a low price of $21.34.
360 DigiTech Inc. had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $24.48 on 01/09/23, with the lowest value was $20.44 for the same time period, recorded on 01/03/23.
360 DigiTech Inc. (QFIN) full year performance was 7.41%
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, 360 DigiTech Inc. shares are logging -9.27% during the 52-week period from high price, and 134.53% 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 $9.47 and $24.48.
The company’s shares, operating in the sector of Financial managed to top a trading volume set approximately around 1276571 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 360 DigiTech Inc. (QFIN) recorded performance in the market was 6.09%, having the revenues showcasing 57.89% 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 3.33B, as it employees total of 2129 workers.
Specialists analysis on 360 DigiTech Inc. (QFIN)
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 15.67, with a change in the price was noted +5.76. In a similar fashion, 360 DigiTech Inc. posted a movement of +34.97% for the period of last 100 days, recording 1,345,135 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 QFIN is recording 0.04 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.00.
Trends and Technical analysis: 360 DigiTech Inc. (QFIN)
Raw Stochastic average of 360 DigiTech Inc. in the period of last 50 days is set at 82.04%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 65.65%. In the last 20 days, the company’s Stochastic %K was 63.41% and its Stochastic %D was recorded 67.07%.
Now, considering the stocks previous presentation, 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 6.09%. Additionally, trading for the stock in the period of the last six months notably improved by 45.16%, alongside a boost of 7.41% for the period of the last 12 months. The shares increased approximately by -6.05% in the 7-day charts and went down by 21.90% in the period of the last 30 days. Common stock shares were driven by 57.89% during last recorded quarter.