On Friday, Qifu Technology Inc. ADR (NASDAQ: QFIN) was 4.66% up from the session before settling in for the closing price of $29.37. A 52-week range for QFIN has been $13.71 – $35.23.
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Financial Sector giant saw their annual sales surged by 33.20% over the last five years. When this article was written, the company’s average yearly earnings per share was at 39.90%. With a float of $144.49 million, this company’s outstanding shares have now reached $157.61 million.
The firm has a total of 3121 workers. Let’s measure their productivity. In terms of profitability, gross margin is 55.83%, operating margin of 47.52%, and the pretax margin is 43.15%.
Qifu Technology Inc. ADR (QFIN) Breakdown of a Key Holders of the stock
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 59.72%. 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) Recent Fiscal highlights
Going through the last 3-months fiscal report unveiled on the 6/30/2024, it has been observed that the corporation posted 6.94 earnings per share (EPS) during the time that was better than consensus figure (set at 3.23) by 3.71. Wall Street market experts anticipate that the next fiscal year will bring earnings of 7.77 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 39.90% 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 2.05.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 4.16, a number that is poised to hit 1.39 in the next quarter and is forecasted to reach 5.62 in one year’s time.
Technical Analysis of Qifu Technology Inc. ADR (QFIN)
Analysing the last 5-days average volume posted by the [Qifu Technology Inc. ADR, QFIN], we can find that recorded value of 1.28 million was lower than the volume posted last year of 1.3 million. As of the previous 9 days, the stock’s Stochastic %D was 12.53%. Additionally, its Average True Range was 1.41.
During the past 100 days, Qifu Technology Inc. ADR’s (QFIN) raw stochastic average was set at 73.74%, which indicates a significant increase from 26.15% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 51.83% in the past 14 days, which was higher than the 45.72% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $30.53, while its 200-day Moving Average is $22.17. Now, the first resistance to watch is $31.36. This is followed by the second major resistance level at $31.97. The third major resistance level sits at $32.98. If the price goes on to break the first support level at $29.74, it is likely to go to the next support level at $28.73. Now, if the price goes above the second support level, the third support stands at $28.12.
Qifu Technology Inc. ADR (NASDAQ: QFIN) Key Stats
There are 161,396K outstanding shares of the company, which has a market capitalization of 4.84 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.
