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.
The price of QuantaSing Group Ltd ADR (NASDAQ: QSG) closed at $13.08 in the last session, down -0.46% from day before closing price of $13.14. In other words, the price has decreased by -$0.46 from its previous closing price. On the day, 3.07 million shares were traded.
Ratios:
We take a closer look at QSG’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 1.69 and its Current Ratio is at 1.72. In the meantime, Its Debt-to-Equity ratio is 0.07 whereas as Long-Term Debt/Eq ratio is at 0.00.
On September 21, 2023, Noble Capital Markets started tracking the stock assigning a Outperform rating and target price of $10.
On July 24, 2023, Citigroup started tracking the stock assigning a Neutral rating and target price of $9.70.Citigroup initiated its Neutral rating on July 24, 2023, with a $9.70 target price.
Valuation Measures:
As of this moment, QuantaSing’s Price-to-Earnings (P/E) ratio for their current fiscal year is 11.68, and their Forward P/E ratio for the next fiscal year is 23.23. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.19. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.05 while its Price-to-Book (P/B) ratio in mrq is 6.83.
Stock Price History:
Over the past 52 weeks, QSG has reached a high of $13.20, while it has fallen to a 52-week low of $1.38. The 50-Day Moving Average of the stock is 99.07%, while the 200-Day Moving Average is calculated to be 263.34%.
Shares Statistics:
A total of 34.59M shares are outstanding, with a floating share count of 30.94M. Insiders hold about 10.55% of the company’s shares, while institutions hold 1.01% stake in the company.
