Qifu Technology Inc. ADR (NASDAQ: QFIN) kicked off on Friday, down -5.59% from the previous trading day, before settling in for the closing price of $48.12. Over the past 52 weeks, QFIN has traded in a range of $17.76-$48.94.
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Annual sales at Financial sector company grew by 14.22% over the past five years. While this was happening, its average annual earnings per share was recorded 22.44%. With a float of $131.45 million, this company’s outstanding shares have now reached $141.99 million.
Let’s look at the performance matrix of the company that is accounted for 3527 employees. In terms of profitability, gross margin is 67.79%, operating margin of 34.76%, and the pretax margin is 50.76%.
Qifu Technology Inc. ADR (QFIN) Insider Updates
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 8.57%, while institutional ownership is 64.23%. 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) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 22.44% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 16.64% during the next five years compared to 18.01% growth over the previous five years of trading.
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 2.74.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 5.79, a number that is poised to hit 1.32 in the next quarter and is forecasted to reach 7.67 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 4.28 million, a positive change from its year-to-date volume of 1.6 million. As of the previous 9 days, the stock’s Stochastic %D was 62.43%. Additionally, its Average True Range was 2.64.
During the past 100 days, Qifu Technology Inc. ADR’s (QFIN) raw stochastic average was set at 82.26%, which indicates a significant increase from 64.72% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 66.20% in the past 14 days, which was higher than the 54.79% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $42.11, while its 200-day Moving Average is $31.85. Nevertheless, the first resistance level for the watch stands at $47.13 in the near term. At $48.82, the stock is likely to face the second major resistance level. The third major resistance level sits at $49.99. If the price goes on to break the first support level at $44.27, it is likely to go to the next support level at $43.10. Assuming the price breaks the second support level, the third support level stands at $41.41.
Qifu Technology Inc. ADR (NASDAQ: QFIN) Key Stats
The company with the Market Capitalisation of 6.53 billion has total of 157,613K Shares Outstanding. Its annual sales at the moment are 2,352 M in contrast with the sum of 858,210 K annual income. Company’s last quarter sales were recorded 614,070 K and last quarter income was 262,580 K.
