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The closing price of QuantaSing Group Ltd ADR (NASDAQ: QSG) was $9.24 for the day, up 32.95% from the previous closing price of $6.95. In other words, the price has increased by $32.95 from its previous closing price. On the day, 5.82 million shares were traded.
Ratios:
Our analysis of QSG’s different ratios will help us gain a deeper understanding of the company. 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 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 8.25, and their Forward P/E ratio for the next fiscal year is 33.80. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.77. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.74 while its Price-to-Book (P/B) ratio in mrq is 4.83.
Stock Price History:
Over the past 52 weeks, QSG has reached a high of $8.04, while it has fallen to a 52-week low of $1.38. The 50-Day Moving Average of the stock is 57.18%, while the 200-Day Moving Average is calculated to be 176.86%.
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.
