Investors’ outlook regarding the stock price performance over the year has been a mixed bag, with a range of optimism to pessimism depending on their perspective. Until today this year the stock’s price performance recorded an increase of 0.82%. However, over the last six months, the performance has been weaker by 6.03%. The price of IQ increased 22.08% over the last 30 days. And in the last five days, it has surged by 20.29%.
iQIYI Inc ADR experienced a somewhat shaky performance in the stock market. The company’s stock reached a 1-year high of $6.47 on 08/10/23, while the lowest price for the same period was registered at $3.06 on 02/05/24.
52-week price history of IQ Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. iQIYI Inc ADR’s current trading price is -23.96% away from its 52-week high, while its distance from the 52-week low is 60.78%. The stock’s price range during this period has varied between$3.06 and $6.47. The iQIYI Inc ADR’s shares, which operate in the Communication Services, saw a trading volume of around 6.18 million for the day, a figure considerably lower than their average daily volume of 7.79 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
iQIYI Inc ADR (IQ) has experienced a quarterly rise of 39.38% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 2.58B and boasts a workforce of 4788 employees.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 4.10, with a change in price of +0.53. Similarly, iQIYI Inc ADR recorded 8,121,163 in trading volume during the last 100 days, posting a change of +12.16%.
IQ’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look
The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for IQ stands at 1.51. Similarly, the long-term debt-to-equity ratio is also 0.73.
IQ Stock Stochastic Average
As of today, iQIYI Inc ADR’s raw stochastic average for the last 50 days stands at 90.83%. This is a rise compared to the raw stochastic average of the previous 20 days, which was noted at 86.40%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 94.72% and 91.90%, respectively.
