Quhuo Ltd ADR (NASDAQ:QH) does about 176.94K shares in volume on a normal day but saw 844870 shares change hands in the recent trading day. The company now has a market cap of 1.66M USD. Its current market price is $0.30, marking a decrease of -21.05% compared to the previous close of $0.38. The 52 week high reached by this stock is $2.14 whilst the lowest price level in 52 weeks is $0.33.
Quhuo Ltd ADR (QH) has a 20-day trading average at $0.4287 and the current price is -85.98% off the 52-week high compared with -8.87% distance from its 52-week low. The 50-day simple moving average of the closing price is $0.4579 and its 200-day simple moving average is $0.9161. If we look at the stock’s price movements over the week, volatility stands at 13.76%, which decreases to 11.61% 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 25.10 to suggest the stock is oversold.
The consensus objective for the share price is $30.03, suggesting that the stock has a potential upside of 99.0% over the period.
The company shares received a number of brokerage firm price updates over the past month, with the latest being on August 04, 2020 when ROTH Capital initiated the stock to “Buy” and issued a price target of $18.
Quhuo Ltd ADR (QH) stock is down -23.68% over the week and -36.99% over the past month. Its price is -79.59% year-to-date and -82.04% over the past year.
To reach the target analysts have set, the stock logically needs to grow 99.0 percent from here.
The company has a return on investment of 0.55% and return on equity of 0.56%. The price to earnings ratio (P/E ratio) amounts to 4.03. The beta has a value of 0.50. Price to book ratio is 0.02 and price to sales ratio is 0.00.
