iQIYI Inc ADR (NASDAQ:IQ) currently has a daily average trading volume of 8.79M but it saw 6058488 shares traded in last market. With a market cap of 2.26B USD, the company’s current market price of $4.31 came falling about -1.37 while comparing to the previous closing price of $4.37. In past 52 weeks, the stock remained buoying in the range of price level as high as $7.44 and as low as $3.06.
Taking a look at 20-day trading activity of iQIYI Inc ADR (IQ) gives us an average price of $4.08, while its current price level is -42.07% below from 52-week high level whereas it is 40.85% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $3.74 while that of 200 days or SMA-200 reads an average of $4.63. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.53% during that period while stretching the period over a month that increases to 3.97%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 62.99 which implies that the stock is in neutral territory.
Macquarie upgraded its recommendation for the stock as a “Neutral” from “Underperform” on July 27, 2023 while assigning a price target of $5.12. Credit Suisse issued its recommendations for the stock as it upgraded the price target for the stock in the range of between $7.70 and $8.
Over the week, IQ’s stock price is moving 6.68% up while it is 18.41% when we observe its performance for the past one month. Year-to-date it is -11.68% down and over the past year, the stock is showing a downside performance of -40.80%.
The latest quarterly earnings report issued by the company was for quarter ended 12/30/2023, when its quarterly earnings per share (EPS) of $0.07 beat the consensus estimate of $0.06 for the same. For IQ, analysts are forecasting an EPS-growth rate of 48.10% for current year and estimate for EPS growth in next year is 30.00%. In next quarter, company is expected to be making quarterly sales of $1.14 billion as analysts are expecting the sales for current fiscal year at $4.71 billion and seeing the company making $5.01 billion in sales next year. Moreover, analysts are in estimates of $1.08 billion for current-quarter revenue.
Currently, iQIYI Inc ADR’s total number of outstanding shares is 525.01M with 0.22% of that held by the insiders while 60.12% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 9.23% and return on equity (ROE) at 20.94%. It has a price to earnings ratio (P/E ratio) of 15.40 while having a 7.42 of forward P/E ratio. Stock’s beta reads 0.28. Stock has a price to book (P/B) ratio of 1.33 while price to sale or P/S ratio amounts to 0.50. Its return on asset (ROA) is 4.22% on average.
