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After finishing at $1.82 in the prior trading day, QuantaSing Group Ltd ADR (NASDAQ: QSG) closed at $1.79, down -1.65%. In other words, the price has decreased by -$1.65 from its previous closing price. On the day, 1.01 million shares were traded. QSG stock price reached its highest trading level at $1.95 during the session, while it also had its lowest trading level at $1.599.
Ratios:
Our goal is to gain a better understanding of QSG by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.62 and its Current Ratio is at 1.63. In the meantime, Its Debt-to-Equity ratio is 0.10 whereas as Long-Term Debt/Eq ratio is at 0.00.
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, Noble Capital Markets on September 21, 2023, initiated with a Outperform rating and assigned the stock a target price of $10.
On July 24, 2023, Citigroup started tracking the stock assigning a Neutral rating and target price of $9.70.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, QSG now has a Market Capitalization of 91492272 and an Enterprise Value of -462187040. As of this moment, QuantaSing’s Price-to-Earnings (P/E) ratio for their current fiscal year is 1.79, and their Forward P/E ratio for the next fiscal year is 5.53. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.12 while its Price-to-Book (P/B) ratio in mrq is 1.07. Its current Enterprise Value per Revenue stands at -0.122 whereas that against EBITDA is -1.178.
Stock Price History:
The Beta on a monthly basis for QSG is 0.46, which has changed by -0.23849374 over the last 52 weeks, in comparison to a change of 0.22212577 over the same period for the S&P500. Over the past 52 weeks, QSG has reached a high of $5.85, while it has fallen to a 52-week low of $1.38. The 50-Day Moving Average of the stock is -30.54%, while the 200-Day Moving Average is calculated to be -23.96%.
Shares Statistics:
The stock has traded on average 125.87K shares per day over the past 3-months and 85260 shares per day over the last 10 days, according to various share statistics. A total of 34.59M shares are outstanding, with a floating share count of 29.98M. Insiders hold about 13.33% of the company’s shares, while institutions hold 1.18% stake in the company. Shares short for QSG as of 1731628800 were 132305 with a Short Ratio of 1.64, compared to 1728950400 on 225435. Therefore, it implies a Short% of Shares Outstanding of 132305 and a Short% of Float of 0.84.
