Qudian Inc ADR (QD): Are Investors Missing The Big Picture?

Qudian Inc ADR (NYSE:QD) does about 988.86K shares in volume on a normal day but saw 1236982 shares change hands in Tuesday trading. The company now has a market cap of 401.63M USD. Its current market price is $2.38, marking a decrease of -4.80% compared to the previous close of $2.50. The 52 week high reached by this stock is $2.60 whilst the lowest price level in 52 weeks is $1.11.

Qudian Inc ADR (QD) has a 20-day trading average at $2.44 and the current price is -8.46% off the 52-week high compared with 114.41% distance from its 52-week low. The 50-day simple moving average of the closing price is $2.33 and its 200-day simple moving average is $2.12. If we look at the stock’s price movements over the week, volatility stands at 3.15%, which increases to 3.73% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 45.66 to suggest the stock is neutral.

The consensus objective for the share price is $1.14, suggesting that the stock has a potential downside of -108.77% over the period.

Qudian Inc ADR (QD) stock is down -2.86% over the week and 1.71% over the past month. Its price is 16.67% year-to-date and 105.17% over the past year.

In addition, estimates put the company’s current quarterly revenue at an average of $47.58 million.

To reach the target analysts have set, the stock logically needs to shrink -108.77 percent from here.

Outstanding shares total 168.75M with insiders holding 9.61% of the shares and institutional holders owning 11.82% of the company’s common stock. The company has a return on investment of 0.51% and return on equity of 0.50%. The price to earnings ratio (P/E ratio) amounts to 124.61. The beta has a value of 0.69. Price to book ratio is 0.22 and price to sales ratio is 15.44.