Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
The price of iQIYI Inc ADR (NASDAQ: IQ) closed at $2.35 in the last session, down -4.86% from day before closing price of $2.47. In other words, the price has decreased by -$4.86 from its previous closing price. On the day, 25.33 million shares were traded. IQ stock price reached its highest trading level at $2.4 during the session, while it also had its lowest trading level at $2.29.
Ratios:
We take a closer look at IQ’s different ratios to gain a better understanding of the stock. 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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. 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 2370374400 and an Enterprise Value of 22699096064. As of this moment, iQIYI’s Price-to-Earnings (P/E) ratio for their current fiscal year is 11.59, and their Forward P/E ratio for the next fiscal year is 9.15. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.86. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.29 while its Price-to-Book (P/B) ratio in mrq is 0.66. 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 -3.63%, while the 200-Day Moving Average is calculated to be -31.13%.
Shares Statistics:
According to the various share statistics, IQ traded on average about 21.46M shares per day over the past 3-months and 30585820 shares per day over the past 10 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 55.77% stake in the company. Shares short for IQ as of 1730332800 were 55770296 with a Short Ratio of 2.44, compared to 1727654400 on 59933140. Therefore, it implies a Short% of Shares Outstanding of 55770296 and a Short% of Float of 10.86.
