Currently, there are 34.59M common shares owned by the public and among those 30.53M shares have been available to trade.
The company’s stock has a 5-day price change of 48.89% and 93.27% over the past three months. QSG shares are trading 86.11% year to date (YTD), with the 12-month market performance up to 1.80% higher. It has a 12-month low price of $1.38 and touched a high of $5.85 over the same period. QSG has an average intraday trading volume of 116.02K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 44.68%, 56.96%, and 76.86% respectively.
Institutional ownership of QuantaSing Group Ltd ADR (NASDAQ: QSG) shares accounts for 0.81% of the company’s 34.59M shares outstanding.
It has a market capitalization of $139.05M and a beta (3y monthly) value of -0.70. The stock’s trailing 12-month PE ratio is 3.82, while the earnings-per-share (ttm) stands at $1.05. Price movements for the stock have been influenced by the stock’s volatility, which stands at 18.17% over the week and 10.88% over the month.
Analysts forecast that QuantaSing Group Ltd ADR (QSG) will achieve an EPS of 0.44 for the current quarter, 0.37 for the next quarter and 2.57 for current fiscal year. The lowest estimate earnings-per-share for the quarter is 0.44 while analysts give the company a high EPS estimate of 0.44. Earnings per share for the fiscal year are expected to decrease by -14.12%, and -3.96% over the next financial year.
Looking at the support for the QSG, a number of firms have released research notes about the stock. Noble Capital Markets stated their Outperform rating for the stock in a research note on September 21, 2023, with the firm’s price target at $10. Citigroup coverage for the QuantaSing Group Ltd ADR (QSG) stock in a research note released on July 24, 2023 offered a Neutral rating with a price target of $9.70.
