Qifu Technology Inc. (NASDAQ: QFIN) started the day on May 18, 2023, with a price decrease of -7.27% at $16.06. During the day, the stock rose to $17.36 and sunk to $15.97 before settling in for the price of $17.32 at the close. Taking a more long-term approach, QFIN posted a 52-week range of $9.47-$25.49.
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The Financial Sector giants’ yearly sales growth during the last 5-year period was 83.80%. Meanwhile, its Annual Earning per share during the time was 85.20%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -30.50%. This publicly-traded company’s shares outstanding now amounts to $157.82 million, simultaneously with a float of $153.66 million. The organization now has a market capitalization sitting at $2.62 billion. At the time of writing, stock’s 50-day Moving Average stood at $17.92, while the 200-day Moving Average is $17.15.
Qifu Technology 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. Qifu Technology Inc.’s current insider ownership accounts for 5.55%, in contrast to 58.70% institutional ownership.
Qifu Technology Inc. (QFIN) Earnings and Revenue Records
In the latest quarterly report released, which was put into the public domain on 12/30/2022, the organization reported $0.82 earnings per share (EPS) for the three months, surpassing the consensus estimate (set at $0.49) by $0.33. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.06 per share during the current fiscal year.
Qifu Technology Inc.’s EPS decrease for this current 12-month fiscal period is -30.50% and is forecasted to reach 5.29 in the upcoming year.
Qifu Technology Inc. (NASDAQ: QFIN) Trading Performance Indicators
Let’s observe the current performance indicators for Qifu Technology Inc. (QFIN). It’s Quick Ratio in the last reported quarter now stands at 2.00. The Stock has managed to achieve an average true range (ATR) of 0.83. Alongside those numbers, its PE Ratio stands at $4.46, and its Beta score is 0.41. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.10. Similarly, its price to free cash flow for trailing twelve months is now 3.08.
In the same vein, QFIN’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 3.60, a figure that is expected to reach 0.86 in the next quarter, and analysts are predicting that it will be 5.29 at the market close of one year from today.
Technical Analysis of Qifu Technology Inc. (QFIN)
If we take a close look at the recent performances of Qifu Technology Inc. (NASDAQ: QFIN), its last 5-days Average volume was 0.74 million that shows plunge from its year to date volume of 1.03 million. During the previous 9 days, stock’s Stochastic %D was recorded 32.61% While, its Average True Range was 0.85.
Raw Stochastic average of Qifu Technology Inc. (QFIN) in the period of the previous 100 days is set at 2.68%, which indicates a major fall in contrast to 3.77% 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 61.58% that was higher than 53.21% volatility it exhibited in the past 100-days period.
