iQIYI Inc ADR (NASDAQ: IQ) on Friday, soared 1.29% from the previous trading day, before settling in for the closing price of $2.32. Within the past 52 weeks, IQ’s price has moved between $1.82 and $5.80.
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A company in the Communication Services sector has dropped its sales by -0.34% annually for the last half of the decade. The company achieved an average annual earnings per share of 22.30%. With a float of $524.22 million, this company’s outstanding shares have now reached $525.22 million.
In an organization with 4788 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 24.88%, operating margin of 6.2%, and the pretax margin is 2.91%.
iQIYI Inc ADR (IQ) Insider and Institutional Ownership
Observing investor behavior towards Entertainment industry stocks is more important than anything else. The insider ownership of iQIYI Inc ADR is 0.19%, while institutional ownership is 45.90%. The most recent insider transaction that took place on Nov 25 ’24, was worth 68,250.
iQIYI Inc ADR (IQ) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.48 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 22.30% per share during the next fiscal year.
iQIYI Inc ADR (NASDAQ: IQ) Trading Performance Indicators
iQIYI Inc ADR (IQ) is currently performing well based on its current performance indicators. A quick ratio of 0.45 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.30.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.11, a number that is poised to hit 0.05 in the next quarter and is forecasted to reach 0.32 in one year’s time.
Technical Analysis of iQIYI Inc ADR (IQ)
Let’s dig in a bit further. During the last 5-days, its volume was 32.15 million. That was better than the volume of 28.67 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 80.50%. Additionally, its Average True Range was 0.16.
During the past 100 days, iQIYI Inc ADR’s (IQ) raw stochastic average was set at 51.46%, which indicates a significant decrease from 71.43% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 86.93% in the past 14 days, which was higher than the 68.52% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.15, while its 200-day Moving Average is $2.76. However, in the short run, iQIYI Inc ADR’s stock first resistance to watch stands at $2.43. Second resistance stands at $2.50. The third major resistance level sits at $2.58. If the price goes on to break the first support level at $2.28, it is likely to go to the next support level at $2.20. The third support level lies at $2.13 if the price breaches the second support level.
iQIYI Inc ADR (NASDAQ: IQ) Key Stats
Market capitalization of the company is 1.23 billion based on 959,448K outstanding shares. Right now, sales total 4,065 M and income totals 106,280 K. The company made 919,560 K in profit during its latest quarter, and -26,330 K in sales during its previous quarter.
