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.
The price of QuantaSing Group Ltd ADR (NASDAQ: QSG) closed at $7.13 in the last session, down -6.18% from day before closing price of $7.60. In other words, the price has decreased by -$6.18 from its previous closing price. On the day, 0.62 million shares were traded. QSG stock price reached its highest trading level at $7.9 during the session, while it also had its lowest trading level at $6.97.
Ratios:
We take a closer look at QSG’s different ratios to gain a better understanding of the stock. 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 364435680 and an Enterprise Value of -7537341. As of this moment, QuantaSing’s Price-to-Earnings (P/E) ratio for their current fiscal year is 6.77, and their Forward P/E ratio for the next fiscal year is 26.67. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.51 while its Price-to-Book (P/B) ratio in mrq is 4.02. Its current Enterprise Value per Revenue stands at -0.002 whereas that against EBITDA is -0.015.
Stock Price History:
The Beta on a monthly basis for QSG is -1.05, which has changed by 2.1688888 over the last 52 weeks, in comparison to a change of 0.11936104 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 47.44%, while the 200-Day Moving Average is calculated to be 138.48%.
Shares Statistics:
According to the various share statistics, QSG traded on average about 924.56K shares per day over the past 3-months and 459430 shares per day over the past 10 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 0.70% 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
The forward annual dividend rate for QSG is 0.00, which was 0.0 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.0
