In yesterday’s Wall Street session, iQIYI Inc ADR (NASDAQ:IQ) shares traded at $2.01, down -0.50% from the previous session.
IQ stock price is now -11.46% away from the 50-day moving average and -38.93% away from the 200-day moving average. The market capitalization of the company currently stands at $1.06B.
, while ‘HSBC Securities’ rates the stock as ‘Reduce’
In other news, Wang Xiaohui, Officer bought 35,000 shares of the company’s stock on Nov 25 ’24. The stock was bought for $68,250 at an average price of $1.95. A total of 0.19% of the company’s stock is owned by insiders.
During the past 12 months, iQIYI Inc ADR has had a low of $1.89 and a high of $5.80. As of last week, the company has a debt-to-equity ratio of 1.03, a current ratio of 0.45, and a quick ratio of 0.45. According to the stock market information, the enterprise value for the company is $22699096064, which is based on a 9.91 price-to-earnings ratio, a 2.21 price-to-earnings-growth ratio, and a beta of 0.01. The fifty day moving average price for IQ is $2.2702 and a two-hundred day moving average price translates $3.291325 for the stock.
The latest earnings results from iQIYI Inc ADR (NASDAQ: IQ) was released for 2024-06-30. The net profit margin was 4.69% and return on equity was 11.52% for IQ. The company reported revenue of $1.01 billion for the quarter, compared to $1.11 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -8.62 percent. For the current quarter, analysts expect IQ to generate $6.64B in revenue.
