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QuantaSing Group Ltd ADR Inc. (QSG) Price Performance: The Role of Supply and Demand

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. Year to date metric has recorded a gain of 7.05%.However, over the last six months, we can see a stronger performance of -17.73%. Over the last 30 days, the price of QSG has leaped by -44.52%. And in the last five days, it has fallen by -36.02%.

The market performance of QuantaSing Group Ltd ADR has been somewhat unstable. Over the past year, the company’s stock achieved a high of $9.50 on 07/05/23, with the lowest value for the same timeframe being $1.40, recorded on 12/14/23.

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52-week price history of QSG Stock

A stock’s 52-week price history, including the low and high prices, can offer valuable insights into its current standing and future prospects. QuantaSing Group Ltd ADR’s current trading price is -82.42% away from its 52-week high, while its distance from the 52-week low is 18.86%. The stock’s price range over this timeframe has been between $1.40 and $9.50. The shares of the Consumer Defensive sector company recorded a trading volume of approximately 0.68 million for the day, which was comparatively higher than the average daily volume of 0.15 million over the last three months.

The Connection Between Financial Performance and Market Capitalization

QuantaSing Group Ltd ADR (QSG) has experienced a quarterly decline of -38.38% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 64.45M and boasts a workforce of 1029 employees.

How Moving Averages and Trading Volume Data Work Together

Based on Barchart.com data, the company’s moving average over the 100-day period was 3.2569, with a change in price of -1.1000. Similarly, QuantaSing Group Ltd ADR recorded 163,263 in trading volume during the last 100 days, posting a change of -39.71%.

QSG’s Debt-to-Equity Ratio: A Comprehensive Review

A key metric for assessing a company’s financial well-being and market status is the debt-to-equity (D/E) ratio. This ratio is derived by dividing a company’s total liabilities by its shareholders’ equity, and it demonstrates the level of debt a company uses to support its assets relative to shareholder equity. At the time of writing, the total D/E ratio for QSG stands at 0.21. Similarly, the long-term debt-to-equity ratio is also 0.08.

QSG Stock Stochastic Average

The raw stochastic average for QuantaSing Group Ltd ADR over the last 50 days is presently at 0.78%. This reflects a drop from the raw stochastic average of the previous 20 days, which was noted at 1.03%. Further, the company’s Stochastic %K and %D values for the last 20 days were 11.93% and 20.82%, respectively.

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