On Friday, Qifu Technology Inc. ADR (NASDAQ: QFIN) opened higher 5.11% from the last session, before settling in for the closing price of $37.99. Price fluctuations for QFIN have ranged from $13.71 to $40.31 over the past 52 weeks.
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During the last 5-year period, the sales growth of Financial Sector giant was 16.84%. Company’s average yearly earnings per share was noted 56.46% at the time writing. With a float of $144.49 million, this company’s outstanding shares have now reached $157.36 million.
Let’s determine the extent of company efficiency that accounts 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) Breakdown of a Key Holders of the stock
A key investor’s attitude towards the stock of the Credit Services industry is another important factor to consider. The insider ownership of Qifu Technology Inc. ADR is 8.18%, while institutional ownership is 59.00%. 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) Recent Fiscal highlights
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 56.46% per share during the next fiscal year.
Qifu Technology Inc. ADR (NASDAQ: QFIN) Trading Performance Indicators
Check out the current performance indicators for Qifu Technology Inc. ADR (QFIN). In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.64.
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 6.27 in one year’s time.
Technical Analysis of Qifu Technology Inc. ADR (QFIN)
Looking closely at Qifu Technology Inc. ADR (NASDAQ: QFIN), its last 5-days average volume was 1.17 million, which is a jump from its year-to-date volume of 0.97 million. As of the previous 9 days, the stock’s Stochastic %D was 82.40%. Additionally, its Average True Range was 1.37.
During the past 100 days, Qifu Technology Inc. ADR’s (QFIN) raw stochastic average was set at 97.62%, which indicates a significant increase from 95.63% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 44.70% in the past 14 days, which was lower than the 48.74% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $36.56, while its 200-day Moving Average is $26.79. However, in the short run, Qifu Technology Inc. ADR’s stock first resistance to watch stands at $40.64. Second resistance stands at $41.34. The third major resistance level sits at $42.55. If the price goes on to break the first support level at $38.73, it is likely to go to the next support level at $37.52. Now, if the price goes above the second support level, the third support stands at $36.82.
Qifu Technology Inc. ADR (NASDAQ: QFIN) Key Stats
There are currently 157,613K shares outstanding in the company with a market cap of 6.28 billion. Presently, the company’s annual sales total 2,294 M according to its annual income of 603,580 K. Last quarter, the company’s sales amounted to 622,740 K and its income totaled 256,910 K.
