QuantaSing Group Ltd ADR (NASDAQ: QSG): Is It A Life-Changing Stock?

In the latest trading session, 0.55 million QuantaSing Group Ltd ADR (NASDAQ:QSG) shares changed hands as the company’s beta touched 0.86. With the company’s most recent per share price at $2.66 changing hands around $0.34 or 14.66% at last look, the market valuation stands at $92.01M. QSG’s current price is a discount, trading about -68.42% off its 52-week high of $4.48. The share price had its 52-week low at $1.40, which suggests the last value was 47.37% up since then. When we look at QuantaSing Group Ltd ADR’s average trading volume, we note the 10-day average is 0.13 million shares, with the 3-month average coming to 55.21K.

QuantaSing Group Ltd ADR (NASDAQ:QSG) trade information

Instantly QSG is in green as seen in intraday trades today. With action 40.00%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 70.51%, with the 5-day performance at 40.00% in the green. However, in the 30-day time frame, QuantaSing Group Ltd ADR (NASDAQ:QSG) is 52.87% up. Looking at the short shares, we see there were 0.23 million shares sold at short interest cover period of 5.66 days.

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The consensus price target for the stock as assigned by Wall Street analysts is 1.72, meaning bulls need a downside of -54.65% from its recent market value. According to analyst projections, QSG’s forecast low is 1.72 with 1.72 as the target high. To hit the forecast high, the stock’s price needs a 35.34% surge from its current level, while the stock would need to tank 35.34% for it to hit the projected low.

QuantaSing Group Ltd ADR (QSG) estimates and forecasts

Year-over-year growth is forecast to reach 11.20% up from the last financial year.

Consensus estimates given by 1 financial analysts project the company’s revenue in the current quarter to hit an average of 135.5M. 1 analysts are of the opinion that QuantaSing Group Ltd ADR’s revenue for the current quarter will be 153.2M.

The 2024 estimates are for QuantaSing Group Ltd ADR earnings to increase by 27.46%.

QSG Dividends

QuantaSing Group Ltd ADR is expected to release its next quarterly earnings report on 2024-Aug-29.