Qudian Inc. - Sponsored ADR (NYSE:QD - Get Free Report)'s share price reached a new 52-week high on Monday . The stock traded as high as $3.50 and last traded at $3.50, with a volume of 121466 shares trading hands. The stock had previously closed at $3.39.
Analysts Set New Price Targets
A number of equities analysts recently commented on the stock. Wall Street Zen raised shares of Qudian from a "sell" rating to a "hold" rating in a research note on Friday, June 6th. UBS Group raised shares of Qudian to a "buy" rating in a research note on Friday, June 6th.
Check Out Our Latest Report on Qudian
Qudian Price Performance
The company's fifty day simple moving average is $2.97 and its 200-day simple moving average is $2.82. The firm has a market capitalization of $584.51 million, a PE ratio of 14.44 and a beta of 0.63.
Qudian (NYSE:QD - Get Free Report) last announced its quarterly earnings data on Friday, May 30th. The company reported $0.12 earnings per share for the quarter. The firm had revenue of $3.55 million for the quarter. Qudian had a net margin of 170.45% and a return on equity of 2.79%.
Institutional Investors Weigh In On Qudian
Large investors have recently made changes to their positions in the stock. Sei Investments Co. purchased a new stake in Qudian in the fourth quarter valued at $30,000. Connor Clark & Lunn Investment Management Ltd. purchased a new stake in Qudian in the first quarter valued at $30,000. Brighton Jones LLC acquired a new position in shares of Qudian in the fourth quarter worth about $34,000. Virtu Financial LLC acquired a new position in shares of Qudian in the first quarter worth about $70,000. Finally, Seldon Capital LP acquired a new position in shares of Qudian in the fourth quarter worth about $92,000. 8.10% of the stock is owned by hedge funds and other institutional investors.
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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