Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
As of close of business last night, Quhuo Ltd ADR’s stock clocked out at $7.7, up 17.74% from its previous closing price of $6.54. In other words, the price has increased by $17.74 from its previous closing price. On the day, 1.19 million shares were traded. QH stock price reached its highest trading level at $8.4 during the session, while it also had its lowest trading level at $6.33.
Ratios:
To gain a deeper understanding of QH’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.27 and its Current Ratio is at 1.27. In the meantime, Its Debt-to-Equity ratio is 0.30 whereas as Long-Term Debt/Eq ratio is at 0.01.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of. The stock’s future direction. In the most recent recommendation for this company, ROTH Capital on August 04, 2020, initiated with a Buy rating and assigned the stock a target price of $18.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, QH now has a Market Capitalization of 7673904 and an Enterprise Value of 6995464192. As of this moment, Quhuo’s Price-to-Earnings (P/E) ratio for their current fiscal year is 3.76. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.02 while its Price-to-Book (P/B) ratio in mrq is 0.13. Its current Enterprise Value per Revenue stands at 2.734 whereas that against EBITDA is -75.853.
Stock Price History:
The Beta on a monthly basis for QH is 0.55, which has changed by -0.9493754 over the last 52 weeks, in comparison to a change of 0.1443547 over the same period for the S&P500. Over the past 52 weeks, QH has reached a high of $169.07, while it has fallen to a 52-week low of $3.93. The 50-Day Moving Average of the stock is 6.78%, while the 200-Day Moving Average is calculated to be -91.40%.
Shares Statistics:
It appears that QH traded 175.73K shares on average per day over the past three months and 567960 shares per day over the past ten days. Shares short for QH as of 1759190400 were 39568 with a Short Ratio of 0.23, compared to 1756425600 on 6188. Therefore, it implies a Short% of Shares Outstanding of 39568 and a Short% of Float of 7.06.