On Friday, Qifu Technology Inc. ADR (NASDAQ: QFIN) was 4.18% up from the session before settling in for the closing price of $32.03. A 52-week range for QFIN has been $13.68 – $33.72.
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It was noted that within the last five years, the titan of the Financial sector saw sales topped by 33.20%. When this article was written, the company’s average yearly earnings per share was at 39.56%. With a float of $142.38 million, this company’s outstanding shares have now reached $157.61 million.
The extent of productivity of a business whose workforce counts for 3121 workers is very important to gauge. In terms of profitability, gross margin is 53.35%, operating margin of 50.88%, and the pretax margin is 45.58%.
Qifu Technology Inc. ADR (QFIN) Insider Updates
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Qifu Technology Inc. ADR stocks. The insider ownership of Qifu Technology Inc. ADR is 9.52%, while institutional ownership is 58.45%. The most recent insider transaction that took place on Sep 05 ’24, was worth 21,192,000. Before that another transaction happened on Sep 06 ’24, when Company’s Officer proposed sale 196,853 for $25.90, making the entire transaction worth $5,098,493.
Qifu Technology Inc. ADR (QFIN) Performance Highlights and Predictions
Going through the last 3-months fiscal report unveiled on the 6/30/2024, it has been observed that the corporation posted 1 earnings per share (EPS) during the time that was better than consensus figure (set at 0.9) by 0.1. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.09 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 39.56% per share during the next fiscal year.
Qifu Technology Inc. ADR (NASDAQ: QFIN) Trading Performance Indicators
You can see what Qifu Technology Inc. ADR (QFIN) is doing with its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.22.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 4.16, a number that is poised to hit 1.05 in the next quarter and is forecasted to reach 5.63 in one year’s time.
Technical Analysis of Qifu Technology Inc. ADR (QFIN)
The latest stats from [Qifu Technology Inc. ADR, QFIN] show that its last 5-days average volume of 1.15 million was inferior to 1.3 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 63.33%. Additionally, its Average True Range was 1.48.
During the past 100 days, Qifu Technology Inc. ADR’s (QFIN) raw stochastic average was set at 90.77%, which indicates a significant increase from 70.11% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 56.66% in the past 14 days, which was higher than the 41.45% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $27.19, while its 200-day Moving Average is $20.36. Now, the first resistance to watch is $34.60. This is followed by the second major resistance level at $35.83. The third major resistance level sits at $36.74. If the price goes on to break the first support level at $32.46, it is likely to go to the next support level at $31.55. Assuming the price breaks the second support level, the third support level stands at $30.32.
Qifu Technology Inc. ADR (NASDAQ: QFIN) Key Stats
There are 161,396K outstanding shares of the company, which has a market capitalization of 5.25 billion. As of now, sales total 2,294 M while income totals 603,580 K. Its latest quarter income was 572,440 K while its last quarter net income were 189,970 K.
