Last month’s performance of 29.44% for Qifu Technology Inc. ADR (QFIN) is certainly impressive

Qifu Technology Inc. ADR (NASDAQ: QFIN) kicked off on Tuesday, up 3.89% from the previous trading day, before settling in for the closing price of $38.30. Over the past 52 weeks, QFIN has traded in a range of $13.71-$40.31.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

Annual sales at Financial sector company grew by 33.20% over the past five years. While this was happening, its average annual earnings per share was recorded 55.98%. With a float of $144.49 million, this company’s outstanding shares have now reached $157.36 million.

Let’s look at the performance matrix of the company that is accounted for 3121 employees. 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

Our next focus will be how large-scale investors are participating in this stock of the Credit Services Industry. The insider ownership of Qifu Technology Inc. ADR is 8.18%, while institutional ownership is 59.30%. 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 55.98% per share during the next fiscal year.

Qifu Technology Inc. ADR (NASDAQ: QFIN) Trading Performance Indicators

Take a look at Qifu Technology Inc. ADR’s (QFIN) current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.63.

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)

Qifu Technology Inc. ADR (NASDAQ: QFIN) saw its 5-day average volume 1.69 million, a positive change from its year-to-date volume of 1.33 million. As of the previous 9 days, the stock’s Stochastic %D was 73.41%. Additionally, its Average True Range was 1.56.

During the past 100 days, Qifu Technology Inc. ADR’s (QFIN) raw stochastic average was set at 97.65%, which indicates a significant increase from 89.69% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 47.89% in the past 14 days, which was lower than the 49.63% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $34.23, while its 200-day Moving Average is $24.42. Nevertheless, the first resistance level for the watch stands at $40.46 in the near term. At $41.13, the stock is likely to face the second major resistance level. The third major resistance level sits at $42.04. If the price goes on to break the first support level at $38.89, it is likely to go to the next support level at $37.98. The third support level lies at $37.31 if the price breaches the second support level.

Qifu Technology Inc. ADR (NASDAQ: QFIN) Key Stats

The company with the Market Capitalisation of 6.26 billion has total of 161,396K Shares Outstanding. Its annual sales at the moment are 2,294 M in contrast with the sum of 603,580 K annual income. Company’s last quarter sales were recorded 622,740 K and last quarter income was 256,910 K.