Qifu Technology Inc. ADR (NASDAQ: QFIN) on Monday, soared 5.73% from the previous trading day, before settling in for the closing price of $36.83. Within the past 52 weeks, QFIN’s price has moved between $13.71 and $38.69.
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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%. The company achieved an average annual earnings per share of 55.45%. With a float of $144.49 million, this company’s outstanding shares have now reached $157.36 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 65.46%, operating margin of 37.3%, and the pretax margin is 48.74%.
Qifu Technology Inc. ADR (QFIN) Insider and Institutional Ownership
Observing investor behavior towards Credit Services industry stocks is more important than anything else. The insider ownership of Qifu Technology Inc. ADR is 8.18%, while institutional ownership is 59.43%. The most recent insider transaction that took place on Dec 03 ’24, was worth 18,296,040. Before that another transaction happened on Dec 03 ’24, when Company’s Officer proposed sale 1,200,000 for $37.88, making the entire transaction worth $45,456,000.
Qifu Technology Inc. ADR (QFIN) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 55.45% per share during the next fiscal year.
Qifu Technology Inc. ADR (NASDAQ: QFIN) Trading Performance Indicators
Qifu Technology Inc. ADR (QFIN) is currently performing well based on its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.57.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 4.90, a number that is poised to hit 1.28 in the next quarter and is forecasted to reach 6.22 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 1.81 million was superior to 1.32 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 67.33%. Additionally, its Average True Range was 1.65.
During the past 100 days, Qifu Technology Inc. ADR’s (QFIN) raw stochastic average was set at 93.82%, which indicates a significant increase from 84.04% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 57.14% in the past 14 days, which was higher than the 49.09% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $33.44, while its 200-day Moving Average is $23.73. Now, the first resistance to watch is $39.92. This is followed by the second major resistance level at $40.90. The third major resistance level sits at $41.48. If the price goes on to break the first support level at $38.35, it is likely to go to the next support level at $37.77. The third support level lies at $36.79 if the price breaches the second support level.
Qifu Technology Inc. ADR (NASDAQ: QFIN) Key Stats
Market capitalization of the company is 6.13 billion based on 161,396K outstanding shares. Right now, sales total 2,294 M and income totals 603,580 K. The company made 622,740 K in profit during its latest quarter, and 256,910 K in sales during its previous quarter.
