For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.
The price of QuantaSing Group Ltd ADR (NASDAQ: QSG) closed at $10.27 in the last session, down -12.18%% from day before closing price of $11.7. In other words, the price has decreased by -$12.18% from its previous closing price. On the day, 2.1 million shares were traded. QSG stock price reached its highest trading level at $12.8 during the session, while it also had its lowest trading level at $10.0.
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:
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 598022464 and an Enterprise Value of 721176384. As of this moment, QuantaSing’s Price-to-Earnings (P/E) ratio for their current fiscal year is 9.17, and their Forward P/E ratio for the next fiscal year is 12.01. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.15. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.83 while its Price-to-Book (P/B) ratio in mrq is 5.37. Its current Enterprise Value per Revenue stands at 0.232 whereas that against EBITDA is 1.372.
Stock Price History:
The Beta on a monthly basis for QSG is -1.51, which has changed by 5.3819876 over the last 52 weeks, in comparison to a change of 0.10163462 over the same period for the S&P500. Over the past 52 weeks, QSG has reached a high of $15.64, while it has fallen to a 52-week low of $1.41. The 50-Day Moving Average of the stock is 46.17%, while the 200-Day Moving Average is calculated to be 173.80%.
Shares Statistics:
According to the various share statistics, QSG traded on average about 1.50M shares per day over the past 3-months and 3366350 shares per day over the past 10 days. 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. Shares short for QSG as of 1748563200 were 283648 with a Short Ratio of 0.19, compared to 1745971200 on 224151. Therefore, it implies a Short% of Shares Outstanding of 283648 and a Short% of Float of 1.8099998999999998.
Dividends & Splits
The forward annual dividend rate for QSG is 0.00, which was 0.0 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.0
