Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. Qifu Technology Inc. ADR’s current trading price is -3.71% away from its 52-week high, while its distance from the 52-week low is 137.35%. The stock’s price range during this period has varied between $13.68 and $33.72. The company, active in the Financial sector, saw a trading volume of around 1.27 million for the day, considerably lower average daily volume of 1.64 million observed over the last three months.
In terms of market performance, Qifu Technology Inc. ADR had a somewhat regular. The highest value for the stock in the past year was $33.72 on 10/07/24, while the lowest value was $13.68 on 10/20/23.
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How Financial Performance Impacts Market Capitalization
Qifu Technology Inc. ADR (QFIN) has experienced a quarterly rise of 58.78% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 5.11B and boasts a workforce of 3121 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 22.72, with a change in price of +11.17. Similarly, Qifu Technology Inc. ADR recorded 1,499,760 in trading volume during the last 100 days, posting a change of +52.44%.
How QFIN’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for QFIN stands at 0.05. Similarly, the long-term debt-to-equity ratio is also 0.01.
QFIN Stock Stochastic Average
As of today, the raw stochastic average of Qifu Technology Inc. ADR over the last 50 days is at 91.98%. This shows a increasee from the raw stochastic average of the previous 20 days, which was recorded at 86.02%. Further, the company’s Stochastic %K and %D values for the last 20 days were 77.70% and 80.59%, respectively.
QFIN Stock Price Performance Analysis
The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. Until today this year the stock’s price performance recorded an increase of 105.25%. However, over the last six months, the performance has been weaker by 62.35%. The price of QFIN increased 28.65% over the last 30 days. And in the last five days, it has surged by 1.72%.
