A new trading day began on Monday, with Qifu Technology Inc. ADR (NASDAQ: QFIN) stock price down -5.18% from the previous day of trading, before settling in for the closing price of $40.52. QFIN’s price has ranged from $15.16 to $46.25 over the past 52 weeks.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Financial sector was 16.84%. Meanwhile, its annual earnings per share averaged 57.89%. With a float of $143.87 million, this company’s outstanding shares have now reached $157.36 million.
Considering the fact that the conglomerate employs 3121 people, you should pay attention to its efficiency factor. 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
As we move forward, let’s examine how large-scale investors are investing in this stock of the Credit Services Industry. The insider ownership of Qifu Technology Inc. ADR is 8.57%, while institutional ownership is 58.80%. 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 57.89% per share during the next fiscal year.
Qifu Technology Inc. ADR (NASDAQ: QFIN) Trading Performance Indicators
Here are Qifu Technology Inc. ADR’s current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.54.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 4.90, a number that is poised to hit 1.67 in the next quarter and is forecasted to reach 6.32 in one year’s time.
Technical Analysis of Qifu Technology Inc. ADR (QFIN)
Compared to the last year’s volume of 1.24 million, its volume of 1.33 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 34.96%. Additionally, its Average True Range was 2.22.
During the past 100 days, Qifu Technology Inc. ADR’s (QFIN) raw stochastic average was set at 54.21%, which indicates a significant increase from 9.00% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 58.88% in the past 14 days, which was higher than the 51.09% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $40.08, while its 200-day Moving Average is $30.12. Nevertheless, the first resistance level for the watch stands at $39.62 in the near term. At $40.83, the stock is likely to face the second major resistance level. The third major resistance level sits at $41.80. If the price goes on to break the first support level at $37.45, it is likely to go to the next support level at $36.48. Now, if the price goes above the second support level, the third support stands at $35.27.
Qifu Technology Inc. ADR (NASDAQ: QFIN) Key Stats
With a market capitalization of 6.05 billion, the company has a total of 157,613K Shares Outstanding. Currently, annual sales are 2,294 M while annual income is 603,580 K. The company’s previous quarter sales were 622,740 K while its latest quarter income was 256,910 K.
