QD has been the subject of a number of other research reports. Morgan Stanley upgraded Qudian from an equal weight rating to an overweight rating and set a $7.00 price objective for the company in a research report on Monday, April 8th. TheStreet lowered WCF Bancorp from a c rating to a d+ rating in a research report on Thursday, April 18th. China Renaissance Securities began coverage on 360 Finance in a research report on Tuesday, May 14th. They set a buy rating and a $29.00 price objective for the company. Finally, Zacks Investment Research upgraded HB Fuller from a sell rating to a hold rating in a research report on Tuesday, June 11th. Six investment analysts have rated the stock with a hold rating, one has given a buy rating and one has given a strong buy rating to the company. The company presently has an average rating of Hold and an average price target of $13.60.
NYSE QD opened at $8.75 on Tuesday. The stock’s 50-day simple moving average is $7.57. Qudian has a twelve month low of $4.00 and a twelve month high of $9.15. The stock has a market capitalization of $2.90 billion, a P/E ratio of 7.74 and a beta of 1.63. The company has a debt-to-equity ratio of 0.05, a current ratio of 2.91 and a quick ratio of 2.91.
Several hedge funds have recently modified their holdings of QD. Equitec Specialists LLC acquired a new position in shares of Qudian in the 2nd quarter valued at $150,000. Greenwoods Asset Management Ltd acquired a new stake in Qudian during the 1st quarter worth $1,609,000. Banco Santander S.A. acquired a new stake in Qudian during the 1st quarter worth $68,000. Prescott Group Capital Management L.L.C. acquired a new stake in Qudian during the 1st quarter worth $51,000. Finally, AJO LP acquired a new stake in Qudian during the 1st quarter worth $335,000. Institutional investors and hedge funds own 11.84% of the company’s stock.
Qudian Inc provides online small consumer credit products in the People's Republic of China. It uses big data-enabled technologies, including artificial intelligence and machine learning to transform the consumer finance experience. The company offers small credit products, such as cash credit products; merchandise credit products to finance borrowers' direct purchase of merchandise offered on its marketplace on installment basis; and budget auto financing products.
See Also: Using the New Google Finance Tool
To view ValuEngine’s full report, visit ValuEngine’s official website.
Receive News & Ratings for Qudian Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Qudian and related companies with MarketBeat.com's FREE daily email newsletter.