Stocks of iQIYI Inc ADR (NASDAQ:IQ) traded higher last session on Wall Street, up 2.31% to $1.77.
IQ stock price is now -0.86% away from the 50-day moving average and -17.61% away from the 200-day moving average. The market capitalization of the company currently stands at $935.27M.
On January 16, 2025, HSBC Securities Upgraded its previous ‘Reduce’ rating to ‘Hold’ on the stock keeping its target price maintained at $2.15, while ‘Goldman’ rates the stock as ‘Neutral’
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 $1.50 and a high of $4.24. As of last week, the company has a debt-to-equity ratio of 1.10, a current ratio of 0.46, and a quick ratio of 0.46. According to the stock market information, the enterprise value for the company is $21683824640, which is based on a 42.65 price-to-earnings ratio, a 5.13 price-to-earnings-growth ratio, and a beta of -0.21. The fifty day moving average price for IQ is $1.7853 and a two-hundred day moving average price translates $2.14825 for the stock.
The latest earnings results from iQIYI Inc ADR (NASDAQ: IQ) was released for 2025-03-31. The net profit margin was 1.02% and return on equity was 2.21% for IQ. The company reported revenue of $987.42 million for the quarter, compared to $1.11 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -10.84 percent.
