iQIYI Inc ADR (IQ) is ready for next Episode as it posted an annual sales of 4,489 M

iQIYI Inc ADR (NASDAQ: IQ) kicked off on Friday, down -5.75% from the previous trading day, before settling in for the closing price of $2.61. Over the past 52 weeks, IQ has traded in a range of $1.92-$5.80.

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Annual sales at Communication Services sector company grew by 3.82% over the past five years. While this was happening, its average annual earnings per share was recorded -39.84%. With a float of $524.90 million, this company’s outstanding shares have now reached $525.01 million.

Let’s look at the performance matrix of the company that is accounted for 4788 employees. In terms of profitability, gross margin is 27.04%, operating margin of 9.03%, and the pretax margin is 5.76%.

iQIYI Inc ADR (IQ) Insider Updates

Our next focus will be how large-scale investors are participating in this stock of the Entertainment Industry. The insider ownership of iQIYI Inc ADR is 0.06%, while institutional ownership is 70.39%.

iQIYI Inc ADR (IQ) Performance Highlights and Predictions

In the latest quarterly report, which was put into the public domain on 6/30/2024, the organization reported 0.07 earnings per share (EPS), higher than consensus estimate (set at 0.07) by 0. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.03 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -39.84% per share during the next fiscal year.

iQIYI Inc ADR (NASDAQ: IQ) Trading Performance Indicators

Take a look at iQIYI Inc ADR’s (IQ) current performance indicators. Last quarter, stock had a quick ratio of 0.53. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.30.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.24, a number that is poised to hit 0.05 in the next quarter and is forecasted to reach 0.33 in one year’s time.

Technical Analysis of iQIYI Inc ADR (IQ)

iQIYI Inc ADR (NASDAQ: IQ) saw its 5-day average volume 13.67 million, a positive change from its year-to-date volume of 11.51 million. As of the previous 9 days, the stock’s Stochastic %D was 46.92%. Additionally, its Average True Range was 0.18.

During the past 100 days, iQIYI Inc ADR’s (IQ) raw stochastic average was set at 22.50%, which indicates a significant decrease from 27.75% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 67.38% in the past 14 days, which was lower than the 70.36% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $2.43, while its 200-day Moving Average is $3.58. Nevertheless, the first resistance level for the watch stands at $2.58 in the near term. At $2.70, the stock is likely to face the second major resistance level. The third major resistance level sits at $2.78. If the price goes on to break the first support level at $2.38, it is likely to go to the next support level at $2.30. Assuming the price breaks the second support level, the third support level stands at $2.18.

iQIYI Inc ADR (NASDAQ: IQ) Key Stats

The company with the Market Capitalisation of 1.29 billion has total of 959,448K Shares Outstanding. Its annual sales at the moment are 4,489 M in contrast with the sum of 271,200 K annual income. Company’s last quarter sales were recorded 1,027 M and last quarter income was 9,490 K.