In yesterday’s Wall Street session, iQIYI Inc ADR (NASDAQ:IQ) shares traded at $3.19, up 2.24% from the previous session.
IQ stock price is now -17.59% away from the 50-day moving average and -24.76% away from the 200-day moving average. The market capitalization of the company currently stands at $1.67B.
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With the price target reduced from $4.70 to $3, HSBC Securities Downgraded its rating from Hold to Reduce for iQIYI Inc ADR (NASDAQ: IQ). , while ‘Macquarie’ rates the stock as ‘Neutral’
A total of 0.06% of the company’s stock is owned by insiders.
During the past 12 months, iQIYI Inc ADR has had a low of $3.01 and a high of $6.47. As of last week, the company has a debt-to-equity ratio of 1.23, a current ratio of 0.60, and a quick ratio of 0.60. According to the stock market information, the enterprise value for the company is $30662637568, which is based on a 11.38 price-to-earnings ratio, a 2.53 price-to-earnings-growth ratio, and a beta of 0.09. The fifty day moving average price for IQ is $3.8391 and a two-hundred day moving average price translates $4.232575 for the stock.
The latest earnings results from iQIYI Inc ADR (NASDAQ: IQ) was released for 2024-03-31. The net profit margin was 6.23% and return on equity was 16.58% for IQ. The company reported revenue of $1.11 billion for the quarter, compared to $1.22 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -9.27 percent. For the current quarter, analysts expect IQ to generate $1.05B in revenue.
