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iQIYI Inc ADR (NASDAQ: IQ) closed the day trading at $1.95 down -3.47% from the previous closing price of $2.02. In other words, the price has decreased by -$3.47 from its previous closing price. On the day, 14.9 million shares were traded. IQ stock price reached its highest trading level at $1.995 during the session, while it also had its lowest trading level at $1.94.
Ratios:
For a better understanding of IQ, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.45 and its Current Ratio is at 0.45. In the meantime, Its Debt-to-Equity ratio is 1.03 whereas as Long-Term Debt/Eq ratio is at 0.69.
HSBC Securities Downgraded its Hold to Reduce on July 23, 2024, whereas the target price for the stock was revised from $4.70 to $3.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, IQ now has a Market Capitalization of 1871342848 and an Enterprise Value of 22699096064. As of this moment, iQIYI’s Price-to-Earnings (P/E) ratio for their current fiscal year is 9.62, and their Forward P/E ratio for the next fiscal year is 7.08. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.96. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.24 while its Price-to-Book (P/B) ratio in mrq is 0.54. Its current Enterprise Value per Revenue stands at 0.73 whereas that against EBITDA is 2.22.
Stock Price History:
Over the past 52 weeks, IQ has reached a high of $5.80, while it has fallen to a 52-week low of $1.92. The 50-Day Moving Average of the stock is -20.91%, while the 200-Day Moving Average is calculated to be -44.04%.
Shares Statistics:
Over the past 3-months, IQ traded about 19.22M shares per day on average, while over the past 10 days, IQ traded about 16953160 shares per day. A total of 525.01M shares are outstanding, with a floating share count of 524.90M. Insiders hold about 0.06% of the company’s shares, while institutions hold 55.86% stake in the company. Shares short for IQ as of 1730332800 were 55770296 with a Short Ratio of 2.90, compared to 1727654400 on 59933140. Therefore, it implies a Short% of Shares Outstanding of 55770296 and a Short% of Float of 10.86.
