iQIYI Inc ADR (IQ)’s stock has witnessed a price hike of 2.16% from the previous close with its current price standing at $1.89. Its current price is -67.41% under its 52-week high of $5.80 and 3.85% more than its 52-week low of $1.82. Based on the past 30-day period, the stock price is -17.54% below the high and +3.30% above the low.
The 200-day Simple moving average is often placed more emphasis on by traders because of daily price changes. Investors will use the SMA-200 in different situations in trading activity as a key indicator to determine their support and resistance levels, and at the moment, IQ’s SMA-200 is $3.1958.
Additionally, it is important to take into account IQ stock ratios, including its price-to-sales ratio, which is 0.24 for the last tewlve months.IQ’s price to book ratio for the most recent quarter was 0.53, resulting in an 1.67 price to cash per share for the period.
How does iQIYI Inc ADR (IQ) stock rate among analysts? Buy, sell, or hold?
The key to trading is to concentrate on the future rather than on the past. During uncertain times, it can be hard to make decisions. The analysts who understand how a market works are usually the most accurate at forecasting its future. Currently, there are 11 brokerage firms that recommend the stock as a Moderate Buy. The ratings are commonly aggregated into a single number between 1 and 5. Buy or strong buy is scored 5, outperform is scored 4, hold is scored 3, underperform is scored 2 and strong sell is 1. Using a scale of 1-5, the current average recommendation is 3.73 in simple terms.
iQIYI Inc ADR (NASDAQ: IQ) Ownership Details
I will give a breakdown of the key shareholders in iQIYI Inc ADR (IQ). Recent figures show that the company’s insiders hold 0.22% of shares. A total of 319 institutional investors hold shares in the company, making 56.63% of its stock and 56.75% of its float.
Sep 30, 2024, it was reported that the Company’s largest institutional holder is Robeco Institutional Asset Management B.V. holding total of 23.24 shares that make 4.43% of the company’s total number of shares and are currently priced at 43.93 million.
The securities firm Goldman Sachs Group Inc holds 22.38 shares of IQ, making it the second largest institutional shareholder. Taking this into account, the holding percentage comes to 4.26%, and the holding percentage of shares is valued at 42.3 million.
An overview of iQIYI Inc ADR’s technicals
In order to learn about trade movements and investor behavior, it is best to analyze the short, medium, and long term technical indicators along with the average volume of a stock. A 20-day average of the stock’s daily volume suggests iQIYI Inc ADR (IQ) traded 13,198,580 shares per day, with a moving average of $2.0130 and price change of -0.3900. With the moving average of $2.1506 and a price change of -0.7300, about 18,380,133 shares changed hands on average over the past 50 days. Finally, IQ’s 100-day average volume is 19,280,305 shares, alongside a moving average of $2.2896 and a price change of -1.2000.
