iQIYI Inc ADR (IQ): Why Is Stock So Good?

In the last trading session, 7.22 million iQIYI Inc ADR (NASDAQ:IQ) shares changed hands as the company’s beta touched 0.29. With the company’s per share price at $4.10 changed hands at $0.01 or 0.24% during last session, the market valuation stood at $2.15B. IQ’s last price was a discount, traded about -79.51% off its 52-week high of $7.36. The share price had its 52-week low at $3.06, which suggests the last value was 25.37% up since then. When we look at iQIYI Inc ADR’s average trading volume, we note the 3-month average coming to 8.74 million.

iQIYI Inc ADR (NASDAQ:IQ) trade information

Instantly IQ was in green as seen at the end of in last trading. With action -8.48%, the performance over the past five days has been red. The jump to weekly highs of 4.49 added 0.24% to the stock’s daily price. The company’s shares are showing year-to-date downside of -15.98%, with the 5-day performance at -8.48% in the red. However, in the 30-day time frame, iQIYI Inc ADR (NASDAQ:IQ) is 2.50% up.

iQIYI Inc ADR (IQ) estimates and forecasts

Data shows that the iQIYI Inc ADR share is performing relatively much not better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot -14.58% over the past 6 months, a 14.63% in annual growth rate that is considerably lower than the industry average of 21.20%.

The 2024 estimates are for iQIYI Inc ADR earnings to increase by 17.81%, but the outlook for the next 5-year period is at 4.49% per year.

IQ Dividends

iQIYI Inc ADR is expected to release its next quarterly earnings report on May 16.