During the recent session, iQIYI Inc ADR (NASDAQ:IQ)’s traded shares were 4.19 million, with the beta value of the company hitting 0.23. At the last check today, the stock’s price was $5.00, reflecting an intraday gain of 3.71% or $0.18. The 52-week high for the IQ share is $6.47, that puts it down -29.4 from that peak though still a striking 38.8% gain since the share price plummeted to a 52-week low of $3.06. The company’s market capitalization is $2.62B, and the average trade volume was 7.79 million shares over the past three months.
iQIYI Inc ADR (NASDAQ:IQ) trade information
iQIYI Inc ADR (IQ) registered a 3.71% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 3.71% in intraday trading to $5.00, hitting a weekly high. The stock’s 5-day price performance is 22.22%, and it has moved by 24.04% in 30 days. Based on these gigs, the overall price performance for the year is -16.55%.
iQIYI Inc ADR (IQ) estimates and forecasts
Statistics show that iQIYI Inc ADR has underperformed its competitors in share price, compared to the industry in which it operates. iQIYI Inc ADR (IQ) shares have gone up 7.73% during the last six months, with a year-to-date growth rate less than the industry average at 14.63% against 20.60. In the rating firms’ projections, revenue will increase 6.80% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 1.08B as predicted by 11 analyst(s). Meanwhile, a consensus of 10 analyst(s) estimates revenue growth to 1.13B by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 1.17B and 1.07B respectively. In this case, analysts expect current quarter sales to shrink by -7.40% and then jump by 6.20% in the coming quarter. While earnings are projected to return 17.87% in 2024, the next five years will return 4.49% per annum.
IQ Dividends
iQIYI Inc ADR is due to release its next quarterly earnings in May. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
