A new trading day began on Friday, with Qifu Technology Inc. ADR (NASDAQ: QFIN) stock price down -12.03% from the previous day of trading, before settling in for the closing price of $43.48. QFIN’s price has ranged from $17.76 to $48.94 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 14.22%. Meanwhile, its annual earnings per share averaged 22.64%. With a float of $118.17 million, this company’s outstanding shares have now reached $141.99 million.
Considering the fact that the conglomerate employs 3527 people, you should pay attention to its efficiency factor. 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 Activity
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 71.38%. 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) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 22.64% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 16.76% 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
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 2.07.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 5.79, a number that is poised to hit 1.72 in the next quarter and is forecasted to reach 7.94 in one year’s time.
Technical Analysis of Qifu Technology Inc. ADR (QFIN)
Compared to the last year’s volume of 1.62 million, its volume of 1.85 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 20.91%. Additionally, its Average True Range was 2.76.
During the past 100 days, Qifu Technology Inc. ADR’s (QFIN) raw stochastic average was set at 45.98%, which indicates a significant increase from 11.80% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 69.22% in the past 14 days, which was higher than the 59.01% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $42.61, while its 200-day Moving Average is $32.44. Nevertheless, the first resistance level for the watch stands at $40.23 in the near term. At $42.22, the stock is likely to face the second major resistance level. The third major resistance level sits at $43.92. If the price goes on to break the first support level at $36.54, it is likely to go to the next support level at $34.84. Should the price break the second support level, the third support level stands at $32.85.
Qifu Technology Inc. ADR (NASDAQ: QFIN) Key Stats
With a market capitalization of 4.94 billion, the company has a total of 157,613K Shares Outstanding. Currently, annual sales are 2,352 M while annual income is 858,210 K. The company’s previous quarter sales were 581,290 K while its latest quarter income was 250,080 K.
