Quarterly Metrics: Quick and Current Ratios for iQIYI Inc ADR (IQ)

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As of close of business last night, iQIYI Inc ADR’s stock clocked out at $4.84, down -5.84% from its previous closing price of $5.14. In other words, the price has decreased by -$5.84 from its previous closing price. On the day, 15.82 million shares were traded. IQ stock price reached its highest trading level at $5.11 during the session, while it also had its lowest trading level at $4.785.

Ratios:

To gain a deeper understanding of IQ’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.57 and its Current Ratio is at 0.57. In the meantime, Its Debt-to-Equity ratio is 1.51 whereas as Long-Term Debt/Eq ratio is at 0.73.

On July 27, 2023, Macquarie Upgraded its rating to Neutral which previously was Underperform but kept the price unchanged to $5.12.

Credit Suisse Upgraded its Neutral to Outperform on May 17, 2023, whereas the target price for the stock was revised from $7.70 to $8.

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 4927846400 and an Enterprise Value of 42544799744. As of this moment, iQIYI’s Price-to-Earnings (P/E) ratio for their current fiscal year is 17.29, and their Forward P/E ratio for the next fiscal year is 8.10. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.85. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.56 while its Price-to-Book (P/B) ratio in mrq is 1.49. Its current Enterprise Value per Revenue stands at 1.335 whereas that against EBITDA is 3.945.

Stock Price History:

Over the past 52 weeks, IQ has reached a high of $6.47, while it has fallen to a 52-week low of $3.06. The 50-Day Moving Average of the stock is 10.79%, while the 200-Day Moving Average is calculated to be 6.60%.

Shares Statistics:

It appears that IQ traded 7.95M shares on average per day over the past three months and 9823880 shares per day over the past ten days. A total of 525.01M shares are outstanding, with a floating share count of 524.69M. Insiders hold about 0.06% of the company’s shares, while institutions hold 61.65% stake in the company. Shares short for IQ as of 1714435200 were 49575765 with a Short Ratio of 6.24, compared to 1711584000 on 51937262. Therefore, it implies a Short% of Shares Outstanding of 49575765 and a Short% of Float of 5.2299999999999995.

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