Qudian (NYSE:QD - Get Free Report) announced its quarterly earnings results on Wednesday. The company reported $0.26 earnings per share (EPS) for the quarter, Zacks reports. The company had revenue of $0.49 million for the quarter. Qudian had a net margin of 388.27% and a return on equity of 4.65%.
Qudian Stock Up 4.4%
QD traded up $0.21 during midday trading on Monday, hitting $4.88. 500,765 shares of the company were exchanged, compared to its average volume of 453,525. The firm has a market capitalization of $822.36 million, a P/E ratio of 11.34 and a beta of 0.69. Qudian has a 1-year low of $1.72 and a 1-year high of $4.86. The firm's 50 day moving average price is $3.39 and its 200-day moving average price is $2.99.
Institutional Inflows and Outflows
A hedge fund recently bought a new stake in Qudian stock. Brighton Jones LLC acquired a new stake in Qudian Inc. - Sponsored ADR (NYSE:QD - Free Report) during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 12,000 shares of the company's stock, valued at approximately $34,000. Institutional investors and hedge funds own 8.10% of the company's stock.
Analyst Upgrades and Downgrades
Several brokerages recently issued reports on QD. Wall Street Zen raised shares of Qudian from a "sell" rating to a "hold" rating in a report on Friday, June 6th. UBS Group raised shares of Qudian to a "buy" rating in a report on Friday, June 6th.
View Our Latest Stock Report on Qudian
About Qudian
(
Get Free Report)
Qudian Inc operates as a consumer-oriented technology company in the People's Republic of China. The company engages in the operation of online platforms to provide small consumer credit products. It also provides technology development and services; research and development services; and delivery services.
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