In yesterday’s Wall Street session, Qudian Inc. (NYSE:QD) shares traded at $2.19, up 5.29% from the previous session.
1 analysts cover Qudian Inc. (NYSE:QD), according to research data. The consensus rating among analysts is ‘Hold’. As we calculate the median target price by taking the range between a high of $7.21 and a low of $7.21, we find $7.21. Given the previous closing price of $2.08, this indicates a potential upside of 246.63 percent. QD stock price is now 35.24% away from the 50-day moving average and 84.39% away from the 200-day moving average. The market capitalization of the company currently stands at $485.24M.
The stock has received a hold rating from 1 analysts and a buy rating from 0. Brokers who have rated the stock have averaged $7.21 as their price target over the next twelve months.
A total of 1.60% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in QD stock. A new stake in Qudian Inc. shares was purchased by POLUNIN CAPITAL PARTNERS LTD during the first quarter worth $528,000. ASSET MANAGEMENT ONE CO., LTD. invested $94,000 in shares of QD during the first quarter. In the first quarter, SUSQUEHANNA INTERNATIONAL GROUP, LLP acquired a new stake in Qudian Inc. valued at approximately $47,000. TOWER RESEARCH CAPITAL LLC (TRC) acquired a new stake in QD for approximately $25,000. POINT72 ASSET MANAGEMENT, L.P. purchased a new stake in QD valued at around $21,000 in the second quarter. In total, there are 47 active investors with 19.00% ownership of the company’s stock.
On Thursday morning Qudian Inc. (NYSE: QD) stock kicked off with the opening price of $2.0700. During the past 12 months, Qudian Inc. has had a low of $0.69 and a high of $2.18. As of last week, the company has a debt-to-equity ratio of 0.01, a current ratio of 17.80, and a quick ratio of 17.80. The fifty day moving average price for QD is $1.6380 and a two-hundred day moving average price translates $1.1941 for the stock.
The latest earnings results from Qudian Inc. (NYSE: QD) was released for Mar, 2023. According to the Credit Services Company, earnings per share came in at -$0.03, missing analysts’ expectations of $0.14 by -0.17. This compares to -$0.09 EPS in the same period last year. The net profit margin was 49.10% and return on equity was 1.60% for QD. The company reported revenue of $3.18 million for the quarter, compared to $31.84 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -90.0 percent.
