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In the latest session, QuantaSing Group Ltd ADR (NASDAQ: QSG) closed at $6.29 down -4.98% from its previous closing price of $6.62. In other words, the price has decreased by -$4.98 from its previous closing price. On the day, 0.26 million shares were traded. QSG stock price reached its highest trading level at $6.6 during the session, while it also had its lowest trading level at $6.22.
Ratios:
For a deeper understanding of QuantaSing Group Ltd ADR’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.80 and its Current Ratio is at 1.82. In the meantime, Its Debt-to-Equity ratio is 0.07 whereas as Long-Term Debt/Eq ratio is at 0.00.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Noble Capital Markets on September 21, 2023, initiated with a Outperform rating and assigned the stock a target price of $10.
On July 24, 2023, Citigroup started tracking the stock assigning a Neutral rating and target price of $9.70.
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 321500768 and an Enterprise Value of -143827712. As of this moment, QuantaSing’s Price-to-Earnings (P/E) ratio for their current fiscal year is 5.97, and their Forward P/E ratio for the next fiscal year is 23.53. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.45 while its Price-to-Book (P/B) ratio in mrq is 3.54. Its current Enterprise Value per Revenue stands at -0.041 whereas that against EBITDA is -0.295.
Stock Price History:
The Beta on a monthly basis for QSG is -1.37, which has changed by 1.4666667 over the last 52 weeks, in comparison to a change of 0.09362543 over the same period for the S&P500. Over the past 52 weeks, QSG has reached a high of $8.04, while it has fallen to a 52-week low of $1.38. The 50-Day Moving Average of the stock is 23.99%, while the 200-Day Moving Average is calculated to be 105.10%.
Shares Statistics:
For the past three months, QSG has traded an average of 937.33K shares per day and 504010 over the past ten 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 0.90% stake in the company. Shares short for QSG as of 1745971200 were 224151 with a Short Ratio of 0.24, compared to 1743379200 on 46971. Therefore, it implies a Short% of Shares Outstanding of 224151 and a Short% of Float of 1.43.
Dividends & Splits
According to the company, the forward annual dividend rate for QSG is 0.00, from 0.0 in the trailing year. Against a Trailing Annual Dividend Yield of 0.0
