Qudian (NYSE:QD - Get Free Report) issued its quarterly earnings results on Thursday. The company reported ($0.05) earnings per share (EPS) for the quarter, Zacks reports. Qudian had a net margin of 18.32% and a return on equity of 0.36%. The firm had revenue of $7.16 million for the quarter.
Qudian Stock Down 3.9 %
Qudian stock traded down $0.11 during midday trading on Monday, hitting $2.73. The company's stock had a trading volume of 696,429 shares, compared to its average volume of 557,757. Qudian has a 12 month low of $1.52 and a 12 month high of $3.34. The company has a market capitalization of $547.44 million, a PE ratio of 68.23 and a beta of 0.70. The stock's 50-day moving average price is $2.87 and its 200-day moving average price is $2.59.
Hedge Funds Weigh In On Qudian
A hedge fund recently bought a new stake in Qudian stock. Brighton Jones LLC bought a new position in shares of Qudian Inc. (NYSE:QD - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 12,000 shares of the company's stock, valued at approximately $34,000. Institutional investors own 8.10% of the company's stock.
About Qudian
(
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Qudian Inc operates as a consumer-oriented technology company in the People's Republic of China. The company engages in the operation of online platforms to provide small consumer credit products. It also provides technology development and services; research and development services; and delivery services.
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