In the last trading session, 21.03 million shares of the iQIYI Inc ADR (NASDAQ:IQ) were traded, and its beta was 0.04. Most recently the company’s share price was $2.29, and it changed around -$0.11 or -4.58% from the last close, which brings the market valuation of the company to $1.20B. IQ currently trades at a discount to its 52-week high of $5.80, offering almost -153.28% off that amount. The share price’s 52-week low was $1.82, which indicates that the current value has risen by an impressive 20.52% since then. We note from iQIYI Inc ADR’s average daily trading volume that its 10-day average is 30.48 million shares, with the 3-month average coming to 21.91 million.
iQIYI Inc ADR stock received a consensus recommendation rating of Buy, based on a mean score of 2.00. If we narrow it down even further, the data shows that 0 out of 22 analysts rate the stock as a Sell; another 2 rate it as Overweight. Among the rest, 10 recommended IQ as a Hold, whereas 10 deemed it a Buy, and 0 rated it as Underweight.
iQIYI Inc ADR (NASDAQ:IQ) trade information
Instantly IQ has showed a red trend with a performance of -4.58% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 2.54 on recent trading dayincreased the stock’s daily price by 9.84%. The company’s shares are currently up 13.93% year-to-date, but still up 3.62% over the last five days. On the other hand, iQIYI Inc ADR (NASDAQ:IQ) is 20.53% up in the 30-day period. We can see from the shorts that 55.77 million shares have been sold at a short interest cover period of 2.4 day(s).
The consensus price target as assigned by Wall Street analysts is $3, which translates to bulls needing to increase their stock price by 23.67% from its current value. Analyst projections state that IQ is forecast to be at a low of $2.5 and a high of $3.6.
iQIYI Inc ADR (NASDAQ:IQ)’s Major holders
JPMORGAN CHASE & CO, with 2.7319% or 26.81 million shares worth $98.38 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
