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.
After finishing at $1.99 in the prior trading day, iQIYI Inc ADR (NASDAQ: IQ) closed at $1.97, down -1.01%. In other words, the price has decreased by -$1.01 from its previous closing price. On the day, 13.72 million shares were traded. IQ stock price reached its highest trading level at $2.01 during the session, while it also had its lowest trading level at $1.93.
Ratios:
Our goal is to gain a better understanding of IQ by taking a closer 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.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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 1890536064 and an Enterprise Value of 22699096064. As of this moment, iQIYI’s Price-to-Earnings (P/E) ratio for their current fiscal year is 9.71, and their Forward P/E ratio for the next fiscal year is 7.86. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.16. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.25 while its Price-to-Book (P/B) ratio in mrq is 0.55. 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 -12.43%, while the 200-Day Moving Average is calculated to be -39.78%.
Shares Statistics:
The stock has traded on average 19.03M shares per day over the past 3-months and 11234670 shares per day over the last 10 days, according to various share statistics. 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 2.16, compared to 1727654400 on 59933140. Therefore, it implies a Short% of Shares Outstanding of 55770296 and a Short% of Float of 10.86.
