Weak Fundamental Momentum Drags QuantaSing Group Ltd ADR (QSG) Upper

QuantaSing Group Ltd ADR (NASDAQ:QSG) has a beta value of -1.18 and has seen 10.22 million shares traded in the last trading session. The company, currently valued at $227.60M, closed the last trade at $6.58 per share which meant it gained $2.56 on the day or 63.68% during that session. The QSG stock price is 11.09% off its 52-week high price of $5.85 and 79.03% above the 52-week low of $1.38. If we look at the company’s 10-day average daily trading volume, we find that it stood at 2.91 million shares traded. The 3-month trading volume is 398.04K shares.

QuantaSing Group Ltd ADR (NASDAQ:QSG) trade information

Sporting 63.68% in the green in last session, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the QSG stock price touched $6.58 or saw a rise of 0.15%. Year-to-date, QuantaSing Group Ltd ADR shares have moved 204.63%, while the 5-day performance has seen it change 143.70%. Over the past 30 days, the shares of QuantaSing Group Ltd ADR (NASDAQ:QSG) have changed 184.85%. Short interest in the company has seen 24727.0 shares shorted with days to cover at 0.3.

Wall Street analysts have a consensus price target for the stock at $1.72, which means that the shares’ value could drop -282.56% from current levels. The projected low price target is $1.72 while the price target rests at a high of $1.72. In that case, then, we find that the current price level is 73.86% off the targeted high while a plunge would see the stock lose 73.86% from current levels.

QuantaSing Group Ltd ADR (QSG) estimates and forecasts

The company’s shares have gained 280.36% over the past 6 months.

QSG Dividends

QuantaSing Group Ltd ADR is expected to release its next earnings report on 2025-Mar-10 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.

QuantaSing Group Ltd ADR (NASDAQ:QSG)’s Major holders

Insiders own 17.09% of the company shares, while shares held by institutions stand at 42.07% with a share float percentage of 50.74%. Investors are also buoyed by the number of investors in a company, with QuantaSing Group Ltd ADR having a total of 12.0 institutions that hold shares in the company.