iQIYI Inc ADR (IQ) is gearing up for another turning point as it hit the volume of 89.94 million

On Monday, iQIYI Inc ADR (NASDAQ: IQ) opened higher 6.67% from the last session, before settling in for the closing price of $1.95. Price fluctuations for IQ have ranged from $1.92 to $5.80 over the past 52 weeks.

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Communication Services Sector giant saw their annual sales surged by 3.82% over the last five years. Company’s average yearly earnings per share was noted -40.73% at the time writing. With a float of $524.90 million, this company’s outstanding shares have now reached $525.01 million.

The firm has a total of 4788 workers. Let’s measure their productivity. In terms of profitability, gross margin is 25.81%, operating margin of 7.58%, and the pretax margin is 5.1%.

iQIYI Inc ADR (IQ) Insider Activity

A key investor’s attitude towards the stock of the Entertainment industry is another important factor to consider. The insider ownership of iQIYI Inc ADR is 0.06%, while institutional ownership is 55.86%. The most recent insider transaction that took place on Nov 25 ’24, was worth 68,250.

iQIYI Inc ADR (IQ) Earnings and Forecasts

If we go through the results of last quarter, which was made public on 9/30/2024, the company posted 0.7 earnings per share (EPS) for the quarter, besting the agreed prediction (set at 0.66) by 0.04. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.47 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -40.73% per share during the next fiscal year.

iQIYI Inc ADR (NASDAQ: IQ) Trading Performance Indicators

Check out the current performance indicators for iQIYI Inc ADR (IQ). In the past quarter, the stock posted a quick ratio of 0.45. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.26.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.20, a number that is poised to hit 0.03 in the next quarter and is forecasted to reach 0.28 in one year’s time.

Technical Analysis of iQIYI Inc ADR (IQ)

Analysing the last 5-days average volume posted by the [iQIYI Inc ADR, IQ], we can find that recorded value of 35.38 million was better than the volume posted last year of 12.15 million. As of the previous 9 days, the stock’s Stochastic %D was 29.50%. Additionally, its Average True Range was 0.16.

During the past 100 days, iQIYI Inc ADR’s (IQ) raw stochastic average was set at 8.09%, which indicates a significant decrease from 26.03% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 56.96% in the past 14 days, which was lower than the 72.13% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $2.4700, while its 200-day Moving Average is $3.4800. Now, the first resistance to watch is $2.2300. This is followed by the second major resistance level at $2.3800. The third major resistance level sits at $2.5500. If the price goes on to break the first support level at $1.9100, it is likely to go to the next support level at $1.7400. Should the price break the second support level, the third support level stands at $1.5900.

iQIYI Inc ADR (NASDAQ: IQ) Key Stats

There are currently 959,448K shares outstanding in the company with a market cap of 1.09 billion. Presently, the company’s annual sales total 4,489 M according to its annual income of 271,200 K. Last quarter, the company’s sales amounted to 1,027 M and its income totaled 9,490 K.