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QFIN: Riding the Market Waves of Growth and Decline in 2023

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The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. Year to date metric has recorded a gain of 94.31%.However, over the last six months, we can see a weaker performance of 44.32%. Over the last 30 days, the price of QFIN has leaped by -4.03%. And in the last five days, it has fallen by -1.47%.

Qifu Technology Inc. ADR experienced a rather steady stock market performance. The highest value in the past year was recorded at $35.23 on 10/29/24 and the lowest value was $13.71 on 02/05/24.

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52-week price history of QFIN Stock

Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Qifu Technology Inc. ADR’s current trading price is -12.74% away from its 52-week high, while its distance from the 52-week low is 124.22%. The stock’s price range during this period has varied between$13.71 and $35.23. The Qifu Technology Inc. ADR’s shares, which operate in the Financial, saw a trading volume of around 1.15 million for the day, a figure considerably lower than their average daily volume of 1.7 million over last three months.

Market Capitalization vs. Financial Performance: A Comparative Study

Qifu Technology Inc. ADR (QFIN) has experienced a quarterly rise of 25.57% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 4.84B and boasts a workforce of 3121 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 26.04, with a change in price of +10.71. Similarly, Qifu Technology Inc. ADR recorded 1,519,240 in trading volume during the last 100 days, posting a change of +53.47%.

QFIN’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 QFIN stands at 0.05. Similarly, the long-term debt-to-equity ratio is also 0.01.

QFIN Stock Stochastic Average

Qifu Technology Inc. ADR’s raw stochastic average for the past 50 days is presently 58.88%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 26.15%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 10.26% and 9.20%, respectively.

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