In the last trading session, 1.42 million QuantaSing Group Ltd ADR (NASDAQ:QSG) shares changed hands as the company’s beta touched -0.92. With the company’s per share price at $4.35 changed hands at $0.18 or 4.32% during last session, the market valuation stood at $150.47M. QSG’s last price was a discount, traded about -82.99% off its 52-week high of $7.96. The share price had its 52-week low at $1.38, which suggests the last value was 68.28% up since then. When we look at QuantaSing Group Ltd ADR’s average trading volume, we note the 10-day average is 4.23 million shares, with the 3-month average coming to 742.03K.
QuantaSing Group Ltd ADR (NASDAQ:QSG) trade information
Instantly QSG was in green as seen at the end of in last trading. With action 8.21%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 101.39%, with the 5-day performance at 8.21% in the green. However, in the 30-day time frame, QuantaSing Group Ltd ADR (NASDAQ:QSG) is 76.11% up. Looking at the short shares, we see there were 24727.0 shares sold at short interest cover period of 0.3 days.
The consensus price target for the stock as assigned by Wall Street analysts is 1.72, meaning bulls need a downside of -152.91% from its current 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 60.46% surge from its current level, while the stock would need to tank 60.46% for it to hit the projected low.
QuantaSing Group Ltd ADR (QSG) estimates and forecasts
Year-over-year growth is forecast to reach -30.14% down 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 603.62M. 1 analysts are of the opinion that QuantaSing Group Ltd ADR’s revenue for the current quarter will be 510.68M. The company’s revenue for the corresponding quarters a year ago was 945.57M. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -36.16%.
The 2025 estimates are for QuantaSing Group Ltd ADR earnings to decrease by -10.39%.
QSG Dividends
QuantaSing Group Ltd ADR is expected to release its next quarterly earnings report on 2025-Mar-10.
QuantaSing Group Ltd ADR (NASDAQ:QSG)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 17.09% of QuantaSing Group Ltd ADR shares while 42.07% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 50.74%.
Among Mutual Funds, the top two as of Nov 30, 2024 were RBB Fund, Inc.-Boston Partners Long/Short Equity Fund and Fidelity Concord Street Trust-Fidelity Nasdaq Composite Index Fund . With 45.64 shares estimated at $0.2 million under it, the former controlled 0.13% of total outstanding shares. On the other hand, Fidelity Concord Street Trust-Fidelity Nasdaq Composite Index Fund held about 0.04% of the shares, roughly 12.46 shares worth around $54205.0.
