Currently, there are 525.22M common shares owned by the public and among those 524.22M shares have been available to trade.
The company’s stock has a 5-day price change of 2.11% and -20.82% over the past three months. IQ shares are trading -3.48% year to date (YTD), with the 12-month market performance down to -51.62% lower. It has a 12-month low price of $1.82 and touched a high of $5.80 over the same period. IQ has an average intraday trading volume of 17.38 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -2.56%, -8.83%, and -38.83% respectively.
Institutional ownership of iQIYI Inc ADR (NASDAQ: IQ) shares accounts for 53.05% of the company’s 525.22M shares outstanding.
It has a market capitalization of $1.02B and a beta (3y monthly) value of 0.02. The stock’s trailing 12-month PE ratio is 9.57, while the earnings-per-share (ttm) stands at $0.20. Price movements for the stock have been influenced by the stock’s volatility, which stands at 4.21% over the week and 4.39% over the month.
Earnings per share for the fiscal year are expected to decrease by -47.52%, and 16.19% over the next financial year.
Looking at the support for the IQ, a number of firms have released research notes about the stock. HSBC Securities stated their Hold rating for the stock in a research note on January 16, 2025, with the firm’s price target at $2.15. The Benchmark Company was of a view on August 23, 2024 that the stock is Hold, while HSBC Securities gave the stock Reduce rating on July 23, 2024, issuing a price target of $4.70- $3. JP Morgan on their part issued Neutral rating on November 22, 2023.
