In the pursuit of market outperformance, investors navigate the landscape of stock selection. The right picks can play a pivotal role in enhancing your wealth.
The closing price of iQIYI Inc ADR (NASDAQ: IQ) was $2.11 for the day, up 0.96% from the previous closing price of $2.09. In other words, the price has increased by $0.96 from its previous closing price. On the day, 4.83 million shares were traded. IQ stock price reached its highest trading level at $2.12 during the session, while it also had its lowest trading level at $2.08.
Ratios:
Our analysis of IQ’s different ratios will help us gain a deeper understanding of the company. 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.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Nov 25 ’24 when Wang Xiaohui bought 35,000 shares for $1.95 per share.
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 2024888832 and an Enterprise Value of 22699096064. As of this moment, iQIYI’s Price-to-Earnings (P/E) ratio for their current fiscal year is 10.40, and their Forward P/E ratio for the next fiscal year is 8.21. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.32. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.26 while its Price-to-Book (P/B) ratio in mrq is 0.59. 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 $1.89. The 50-Day Moving Average of the stock is -8.17%, while the 200-Day Moving Average is calculated to be -36.68%.
Shares Statistics:
IQ traded an average of 23.13M shares per day over the past three months and 18752950 shares per day over the past ten days. A total of 525.22M shares are outstanding, with a floating share count of 524.22M. Insiders hold about 0.19% of the company’s shares, while institutions hold 55.67% stake in the company. Shares short for IQ as of 1730332800 were 55770296 with a Short Ratio of 1.78, compared to 1727654400 on 59933140. Therefore, it implies a Short% of Shares Outstanding of 55770296 and a Short% of Float of 10.86.
