Qifu Technology Inc. ADR saw a rather consistency, in terms of market performance. The company’s stock reached its highest point at $20.40 on 07/28/23, while the lowest price for the same duration was marked at $13.12 on 05/31/23.
52-week price history of QFIN Stock
Studying a stock’s 52-week price history, which includes both low and high prices, can help gauge its current status and potential future performance. Qifu Technology Inc. ADR’s current trading price is -4.31% away from its 52-week high, while its distance from the 52-week low is 48.78%. The stock’s price range during the 52-week period has remained between $13.12 and $20.40. In the Financial sector, the company’s shares saw a trading volume of around 1.16 million for the day, which was evidently higher than the average daily volume of 1.04 million over the past three months.
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Market Capitalization and Financial Performance: An In-Depth Look
Qifu Technology Inc. ADR (QFIN) has experienced a quarterly rise of 35.46% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 3.18B and boasts a workforce of 2199 employees.
Making Sense of Trading Volume and Moving Average Data
Based on Barchart.com data, the company’s moving average over the 100-day period was 15.33, with a change in price of +4.92. Similarly, Qifu Technology Inc. ADR recorded 939,892 in trading volume during the last 100 days, posting a change of +33.56%.
Examining QFIN’s Debt-to-Equity Ratio: What You Need to Know
The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the shareholders’ equity. At the time of writing, the total D/E ratio for QFIN stands at 0.04. Similarly, the long-term debt-to-equity ratio is also 0.00.
QFIN Stock Stochastic Average
Qifu Technology Inc. ADR’s raw stochastic average for the past 50 days is presently 98.99%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 98.69%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 89.66% and 86.29%, respectively.
QFIN Stock Price Performance Analysis
Depending on how one views it, the stock price performance for the year has been a mixed bag, resulting in either an optimistic or pessimistic outlook. Year to date metric has recorded a gain of 23.39%.However, over the last six months, we can see a weaker performance of 27.83%. Over the last 30 days, the price of QFIN has fallen by 28.34%. And in the last five days, it has surged by 6.32%.
