On November 20, 2023, iQIYI Inc ADR (NASDAQ: IQ) opened at $5.19, higher 2.95% from the last session. During the day, the shares moved up to $5.36 and dropped to $5.05 before settling in for the closing price of $5.08. Price fluctuations for IQ have ranged from $2.33 to $7.99 over the past 52 weeks.
Over the past five-year period, the growth rate of yearbook sales for the company of the Communication Services sector was 12.30%. Company’s average yearly earnings per share was noted 90.37% at the time writing. With a float of $521.87 million, this company’s outstanding shares have now reached $522.25 million.
Considering the fact that the conglomerate employs 7721 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is +23.03, operating margin of +4.53, and the pretax margin is +0.62.
iQIYI Inc ADR (IQ) Insider Activity
A key investor’s attitude towards the stock of the Entertainment industry is another important factor to consider. The insider ownership of iQIYI Inc ADR is 0.07%, while institutional ownership is 58.60%.
iQIYI Inc ADR (IQ) Earnings and Forecasts
If we go through the results of last quarter, which was made public on 6/29/2023, the company posted $0.05 earnings per share (EPS) for the quarter, besting the agreed prediction (set at $0.05) by $0. This company achieved a net margin of -0.47 while generating a return on equity of -2.36. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.07 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 90.37% per share during the next fiscal year.
iQIYI Inc ADR (NASDAQ: IQ) Trading Performance Indicators
Check out the current performance indicators for iQIYI Inc ADR (IQ). In the past quarter, the stock posted a quick ratio of 0.58. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.61.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.13, a number that is poised to hit 0.09 in the next quarter and is forecasted to reach 0.53 in one year’s time.
Technical Analysis of iQIYI Inc ADR (IQ)
Compared to the last year’s volume of 12.13 million, its volume of 10.91 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 52.18%. Additionally, its Average True Range was 0.25.
During the past 100 days, iQIYI Inc ADR’s (IQ) raw stochastic average was set at 40.67%, which indicates a significant decrease from 75.79% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 38.43% in the past 14 days, which was lower than the 50.65% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $4.77, while its 200-day Moving Average is $5.65. Nevertheless, the first resistance level for the watch stands at $5.38 in the near term. At $5.52, the stock is likely to face the second major resistance level. The third major resistance level sits at $5.69. If the price goes on to break the first support level at $5.07, it is likely to go to the next support level at $4.90. Should the price break the second support level, the third support level stands at $4.76.
iQIYI Inc ADR (NASDAQ: IQ) Key Stats
There are currently 946,319K shares outstanding in the company with a market cap of 2.73 billion. Presently, the company’s annual sales total 4,204 M according to its annual income of -19,750 K. Last quarter, the company’s sales amounted to 1,113 M and its income totaled 52,080 K.