Qifu Technology Inc. ADR (QFIN) concluded trading on Thursady at a closing price of $15.47, with 0.59 million shares of worth about $9.07 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -1.15% during that period and on Thursady the price saw a gain of about 0.45%. Currently the company’s common shares owned by public are about 161.40M shares, out of which, 144.19M shares are available for trading.
However, the stock later moved at a day high price of 15.79, or with a gain of 0.45%. Stock saw a price change of 1.05% in past 5 days and over the past one month there was a price change of 5.45%. Year-to-date (YTD), QFIN shares are showing a performance of -2.21% which decreased to -23.64% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $13.12 but also hit the highest price of $22.21 during that period. The average intraday trading volume for Qifu Technology Inc. ADR shares is 794.81K. The stock is currently trading 5.54% above its 20-day simple moving average (SMA20), while that difference is up 4.82% for SMA50 and it goes to -2.75% lower than SMA200.
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Qifu Technology Inc. ADR (NASDAQ: QFIN) currently have 161.40M outstanding shares and institutions hold larger chunk of about 58.67% of that.
The stock has a current market capitalization of $2.52B and its 3Y-monthly beta is at 0.63. PE ratio of stock for trailing 12 months is 4.44, while it has posted earnings per share of $3.48 in the same period. Its PEG reads 1.71 while making debt-to-equity ratio of 0.04. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for QFIN, volatility over the week remained 2.64% while standing at 3.31% over the month.
Analysts are in expectations that Qifu Technology Inc. ADR (QFIN) stock would likely to be making an EPS of $0.98 in the current quarter, while forecast for next quarter EPS is $0.91 and it is $4.3 for next year. For the current quarter EPS, analysts have given the company a lowest target $0.96 which is $1 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of $0.82 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 7.60% while it is estimated to increase by 15.11% in next year. EPS is likely to shrink at an annualized rate of 2.60% for next 5-years, compared to annual growth of 85.37% made by the stock over the past 5-years.
Coverage by BofA Securities stated Qifu Technology Inc. ADR (QFIN) stock as a Buy in their note to investors on July 06, 2023, suggesting a price target of $24.50 for the stock. On September 29, 2022, China Renaissance Resumed their recommendations, while on January 05, 2021, Jefferies Initiated their ratings for the stock with a price target of $14. Stock get a Buy rating from CLSA on July 16, 2020.
