360 DigiTech Inc. (NASDAQ: QFIN) open the trading on May 19, 2021, with great promise as it jumped 2.93% to $25.66. During the day, the stock rose to $25.786 and sunk to $24.00 before settling in for the price of $24.93 at the close. Taking a more long-term approach, QFIN posted a 52-week range of $8.69-$35.15.
Nevertheless, stock’s Earnings Per Share (EPS) this year is 37.20%. This publicly-traded company’s shares outstanding now amounts to $151.67 million, simultaneously with a float of $114.21 million. The organization now has a market capitalization sitting at $3.60 billion. At the time of writing, stock’s 50-day Moving Average stood at $25.92, while the 200-day Moving Average is $17.38.
Let’s gauge the efficiency of the firm, which has a total of 1643 employees. It has generated 1,196,077 per worker during the last fiscal year. Meanwhile, its income per employee was 308,333. The stock had 2.17 Receivables turnover and 0.59 Total Asset turnover. For the Profitability, stocks gross margin was +83.54, operating margin was +27.94 and Pretax Margin of +30.09.
360 DigiTech Inc. (QFIN) Ownership Facts and Figures
Sometimes it helps to make our mind if we keep our tabs on how bigger investors are working with the stock of the Credit Services industry. 360 DigiTech Inc.’s current insider ownership accounts for 9.51%, in contrast to 49.80% institutional ownership.
360 DigiTech Inc. (QFIN) Earnings and Revenue Records
So, what does the last quarter earnings report of the company that was made public on 12/30/2020 suggests? It has posted $1.3 earnings per share (EPS) beating the forecaster’s viewpoint (set at $1.07) by $0.23. This company achieved a net margin of +25.78 while generating a return on equity of 40.77. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.99 per share during the current fiscal year.
360 DigiTech Inc.’s EPS increase for this current 12-month fiscal period is 37.20% and is forecasted to reach 6.10 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 1.60. The Stock has managed to achieve an average true range (ATR) of 1.74. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.71.
In the same vein, QFIN’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 3.52, a figure that is expected to reach 0.79 in the next quarter, and analysts are predicting that it will be 6.10 at the market close of one year from today.
Technical Analysis of 360 DigiTech Inc. (QFIN)
[360 DigiTech Inc., QFIN] recent stats showed that its last 5-days Average volume was poorer than the volume it posted in the year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 87.67% While, its Average True Range was 1.74.
Raw Stochastic average of 360 DigiTech Inc. (QFIN) in the period of the previous 100 days is set at 61.75%, which indicates a major fall in contrast to 88.87% 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 53.96% that was lower than 95.12% volatility it exhibited in the past 100-days period.