Qifu Technology Inc. ADR (NASDAQ: QFIN) on Tuesday, soared 2.81% from the previous trading day, before settling in for the closing price of $42.78. Within the past 52 weeks, QFIN’s price has moved between $18.13 and $48.94.
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A company in the Financial sector has jumped its sales by 14.22% annually for the last half of the decade. The company achieved an average annual earnings per share of 20.74%. With a float of $118.17 million, this company’s outstanding shares have now reached $141.99 million.
In an organization with 3527 employees, it is important to assess its efficiency. 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 and Institutional Ownership
Observing investor behavior towards Credit Services industry stocks is more important than anything else. The insider ownership of Qifu Technology Inc. ADR is 8.57%, while institutional ownership is 76.07%. 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) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 20.74% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 16.00% 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
Qifu Technology Inc. ADR (QFIN) is currently performing well based on its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.38.
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 7.89 in one year’s time.
Technical Analysis of Qifu Technology Inc. ADR (QFIN)
Let’s dig in a bit further. During the last 5-days, its volume was 1.14 million. That was inferior than the volume of 1.78 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 92.28%. Additionally, its Average True Range was 2.27.
During the past 100 days, Qifu Technology Inc. ADR’s (QFIN) raw stochastic average was set at 66.80%, which indicates a significant decrease from 96.79% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 54.51% in the past 14 days, which was lower than the 56.86% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $41.33, while its 200-day Moving Average is $34.45. However, in the short run, Qifu Technology Inc. ADR’s stock first resistance to watch stands at $44.71. Second resistance stands at $45.44. The third major resistance level sits at $46.60. If the price goes on to break the first support level at $42.82, it is likely to go to the next support level at $41.66. The third support level lies at $40.93 if the price breaches the second support level.
Qifu Technology Inc. ADR (NASDAQ: QFIN) Key Stats
Market capitalization of the company is 5.68 billion based on 157,613K outstanding shares. Right now, sales total 2,352 M and income totals 858,210 K. The company made 581,290 K in profit during its latest quarter, and 250,080 K in sales during its previous quarter.
