Qifu Technology Inc. ADR (QFIN) distance from 200-day Simple Moving Average is $16.23: Right on the Precipice

As on Wednesday, Qifu Technology Inc. ADR (NASDAQ: QFIN) started slowly as it slid -0.22% to $17.84, before settling in for the price of $17.88 at the close. Taking a more long-term approach, QFIN posted a 52-week range of $13.12-$20.61.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

The Financial Sector giants’ yearly sales growth during the last 5-year period was 33.20%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 16.72%. This publicly-traded company’s shares outstanding now amounts to $162.80 million, simultaneously with a float of $146.66 million. The organization now has a market capitalization sitting at $2.90 billion. At the time of writing, stock’s 50-day Moving Average stood at $17.08, while the 200-day Moving Average is $16.23.

Qifu Technology Inc. ADR (QFIN) Ownership Facts and Figures

Another important factor to analyze is how key investors are playing towards the stock of the Credit Services industry. Qifu Technology Inc. ADR’s current insider ownership accounts for 9.91%, in contrast to 55.68% institutional ownership.

Qifu Technology Inc. ADR (QFIN) Earnings and Revenue Records

Wall Street market experts anticipate that the next fiscal year will bring earnings of 7.73 per share during the current fiscal year.

Qifu Technology Inc. ADR’s EPS increase for this current 12-month fiscal period is 16.72% and is forecasted to reach 4.82 in the upcoming year.

Qifu Technology Inc. ADR (NASDAQ: QFIN) Trading Performance Indicators

Let’s observe the current performance indicators for Qifu Technology Inc. ADR (QFIN). The Stock has managed to achieve an average true range (ATR) of 0.74. Alongside those numbers, its PE Ratio stands at $4.85, and its Beta score is 0.62. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.26.

In the same vein, QFIN’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 3.68, a figure that is expected to reach 1.06 in the next quarter, and analysts are predicting that it will be 4.82 at the market close of one year from today.

Technical Analysis of Qifu Technology Inc. ADR (QFIN)

Through scrutinizing the latest numbers posted by the [Qifu Technology Inc. ADR, QFIN], it can be observed that its last 5-days Average volume of 1.01 million was lower the volume of 1.1 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 3.47% While, its Average True Range was 0.73.

Raw Stochastic average of Qifu Technology Inc. ADR (QFIN) in the period of the previous 100 days is set at 59.81%, which indicates a major rise in contrast to 2.80% 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 45.78% that was lower than 46.09% volatility it exhibited in the past 100-days period.