360 DigiTech Inc. (NASDAQ: QFIN) started the day on February 18, 2021, with a price increase of 11.05% at $29.65. During the day, the stock rose to $30.00 and sunk to $25.80 before settling in for the price of $26.70 at the close. Taking a more long-term approach, QFIN posted a 52-week range of $6.37-$31.50.
Nevertheless, stock’s Earnings Per Share (EPS) this year is 225.60%. This publicly-traded company’s shares outstanding now amounts to $150.09 million, simultaneously with a float of $107.14 million. The organization now has a market capitalization sitting at $4.13 billion. At the time of writing, stock’s 50-day Moving Average stood at $15.70, while the 200-day Moving Average is $12.85.
It is quite fundamental to gauge the extent of the productivity of the business which is accounted for 1891 workers. It has generated 705,608 per worker during the last fiscal year. Meanwhile, its income per employee was 191,451. The stock had 2.16 Receivables turnover and 0.67 Total Asset turnover. For the Profitability, stocks gross margin was +84.42, operating margin was +30.93 and Pretax Margin of +32.18.
360 DigiTech Inc. (QFIN) Ownership Facts and Figures
Now let’s turn our focus to how large-scale investors are working with this stock of the Credit Services Industry. 360 DigiTech Inc.’s current insider ownership accounts for 15.91%, in contrast to 44.90% institutional ownership.
360 DigiTech Inc. (QFIN) Earnings and Revenue Records
In the latest quarterly report released, which was put into the public domain on 9/29/2020, the organization reported $1.28 earnings per share (EPS) for the three months, surpassing the consensus estimate (set at $0.86) by $0.42. This company achieved a net margin of +27.13 while generating a return on equity of 43.04. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.17 per share during the current fiscal year.
360 DigiTech Inc.’s EPS increase for this current 12-month fiscal period is 225.60% and is forecasted to reach 4.10 in the upcoming year.
360 DigiTech Inc. (NASDAQ: QFIN) Trading Performance Indicators
Let’s observe the current performance indicators for 360 DigiTech Inc. (QFIN). It’s Quick Ratio in the last reported quarter now stands at 1.70. The Stock has managed to achieve an average true range (ATR) of 2.22. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 2.11.
In the same vein, QFIN’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 2.76, a figure that is expected to reach 1.07 in the next quarter, and analysts are predicting that it will be 4.10 at the market close of one year from today.
Technical Analysis of 360 DigiTech Inc. (QFIN)
If we take a close look at the recent performances of 360 DigiTech Inc. (NASDAQ: QFIN), its last 5-days Average volume was 4.66 million that shows progress from its year to date volume of 2.85 million. During the previous 9 days, stock’s Stochastic %D was recorded 81.46% While, its Average True Range was 2.68.
Raw Stochastic average of 360 DigiTech Inc. (QFIN) in the period of the previous 100 days is set at 91.53%, which indicates a major rise in contrast to 87.61% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 107.44% that was higher than 71.76% volatility it exhibited in the past 100-days period.