In Monday’s session, Qudian Inc. (NYSE:QD) marked $1.09 per share, down from $1.13 in the previous session. While Qudian Inc. has underperformed by -3.54%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, QD fell by -39.78%, with highs and lows ranging from $2.18 to $0.63, whereas the simple moving average fell by -3.29% in the last 200 days.
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On June 04, 2020, Citigroup Downgraded Qudian Inc. (NYSE: QD) to Sell. A report published by Nomura on January 22, 2020, Downgraded its rating to ‘Reduce’ for QD. Macquarie November 20, 2019d its ‘Neutral’ rating to ‘Underperform’ for QD, as published in its report on November 20, 2019. Nomura also rated the stock as ‘Neutral’.
Analysis of Qudian Inc. (QD)
Further, the quarter-over-quarter decrease in sales is -60.90%, showing a negative trend in the upcoming months.
Qudian Inc.’s future performance can be determined with the help of several well-rounded types of analysis and research techniques, with equity being one of the most influential. The goal here is to ensure that your current return on equity of -0.30% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 21.80, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
The average volume for any stock is also a very valuable indicator of volatility, and QD has an average volume of 3.94M. On a monthly basis, the volatility of the stock is set at 11.30%, whereas on a weekly basis, it is put at 6.86%, with a loss of -14.84% over the past seven days. Furthermore, long-term investors anticipate a median target price of $1.25, showing growth from the present price of $1.09, which can serve as yet another indication of whether QD is worth investing in or should be passed over.
How Do You Analyze Qudian Inc. Shares?
In addition to analyzing the fundamentals, it is also important to look at how many company employees own stock. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 1.60%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 24.70% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
Are institutional investors increasing their holdings in QD shares?
The recent increase in stakes in QD appears to be a result of several institutional investors and hedge funds increasing their positions. Acadian Asset Management LLC’s position in QD has decreased by -5.32% in the first quarter. The company now owns 7,176,408 shares of the stock, with a value of $7.89 million, following the sale of -403,481 additional shares during the last quarter. Greenwoods Investments SG Pte Ltd made another decreased to its shares in QD during the first quarter, downing its stake by 0.00%. During the last quarter, the company picked up 0 additional shares for a total stake of worth $6.02 million, bringing number of shares owned by the company to 5,472,601.
During the first quarter, Susquehanna Financial Group LLLP added a 4,220,730 position in QD. Goldman Sachs & Co. LLC purchased an additional 0.67 million shares in the last quarter, increasing its holdings by 30.76%, now holding 2.86 million shares worth $3.15 million. At the end of the first quarter, Morgan Stanley & Co. LLC increased its QD holdings by 1.07% and now holds 2.86 million QD shares valued at $3.15 million with the added 30335.0 shares during the period. QD shares are owned by institutional investors to the tune of 24.70% at present.
