The key reasons why Qifu Technology Inc. ADR (QFIN) is -3.06% away from 52-week high?

As on Wednesday, Qifu Technology Inc. ADR (NASDAQ: QFIN) started slowly as it slid -1.34% to $33.85, before settling in for the price of $34.31 at the close. Taking a more long-term approach, QFIN posted a 52-week range of $13.71-$34.92.

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The company of the Financial sector’s yearbook sales growth during the past 5- year span was recorded 33.20%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 40.04%. This publicly-traded company’s shares outstanding now amounts to $157.61 million, simultaneously with a float of $142.38 million. The organization now has a market capitalization sitting at $5.33 billion. At the time of writing, stock’s 50-day Moving Average stood at $27.98, while the 200-day Moving Average is $20.64.

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 9.52%, in contrast to 58.45% institutional ownership.

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

Qifu Technology Inc. ADR’s EPS increase for this current 12-month fiscal period is 40.04% and is forecasted to reach 5.63 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 1.42. Alongside those numbers, its PE Ratio stands at $8.14, and its Beta score is 0.67. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 2.25.

In the same vein, QFIN’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 4.16, a figure that is expected to reach 1.05 in the next quarter, and analysts are predicting that it will be 5.63 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 1.67 million was better the volume of 1.31 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 75.28% While, its Average True Range was 1.49.

Raw Stochastic average of Qifu Technology Inc. ADR (QFIN) in the period of the previous 100 days is set at 93.63%, which indicates a major rise in contrast to 78.21% 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 46.21% that was higher than 41.48% volatility it exhibited in the past 100-days period.