No Stopping Qudian Inc ADR (NYSE: QD) These Days

Qudian Inc ADR (NYSE:QD) does about 476.39K shares in volume on a normal day but saw 1103243 shares change hands in the recent trading day. The company now has a market cap of 250.91M USD. Its current market price is $1.83, marking no change compared to the previous close of $1.83. The 52 week high reached by this stock is $2.60 whilst the lowest price level in 52 weeks is $1.52.

Qudian Inc ADR (QD) has a 20-day trading average at $1.8310 and the current price is -29.62% off the 52-week high compared with 20.39% distance from its 52-week low. The 50-day simple moving average of the closing price is $1.8316 and its 200-day simple moving average is $2.0641. If we look at the stock’s price movements over the week, volatility stands at 3.94%, which increases to 4.74% 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 51.04 to suggest the stock is neutral.

The consensus objective for the share price is $1.05, suggesting that the stock has a potential downside of -74.29% over the period.

The current price level is 0.00%, -0.13%, and -11.29% away from its SMA20, SMA50, and SMA200 respectively, with the QD price moving above the 50-day SMA on current market day. Qudian Inc ADR (QD) stock is up 4.57% over the week and 1.67% over the past month. Its price is -10.29% year-to-date and -8.96% over the past year.

The company’s next earnings report forecasts estimating quarterly EPS at 0 and 0 for whole year.

To reach the target analysts have set, the stock logically needs to shrink -74.29 percent from here.

Outstanding shares total 137.11M with insiders holding 12.31% of the shares and institutional holders owning 15.16% of the company’s common stock. The company has a return on investment of -2.38% and return on equity of -2.30%. The beta has a value of 0.62. Price to book ratio is 0.23 and price to sales ratio is 8.01.