Qudian Inc. (NYSE:QD - Get Free Report) shares traded up 10.1% during mid-day trading on Monday . The company traded as high as $2.61 and last traded at $2.61. 256,335 shares traded hands during mid-day trading, a decline of 52% from the average session volume of 530,670 shares. The stock had previously closed at $2.37.
Qudian Stock Performance
The business has a fifty day moving average of $2.71 and a two-hundred day moving average of $2.65. The firm has a market capitalization of $504.51 million, a price-to-earnings ratio of 62.88 and a beta of 0.47.
Qudian (NYSE:QD - Get Free Report) last released its quarterly earnings data on Thursday, March 20th. The company reported ($0.05) EPS for the quarter. The company had revenue of $7.16 million during the quarter. Qudian had a net margin of 18.32% and a return on equity of 0.36%.
Institutional Investors Weigh In On Qudian
A number of institutional investors have recently made changes to their positions in QD. BNP Paribas Financial Markets boosted its stake in Qudian by 248.8% in the 3rd quarter. BNP Paribas Financial Markets now owns 28,601 shares of the company's stock valued at $61,000 after purchasing an additional 20,400 shares during the period. XTX Topco Ltd acquired a new position in shares of Qudian in the third quarter valued at about $50,000. Public Employees Retirement System of Ohio bought a new stake in Qudian in the 3rd quarter valued at about $846,000. Ballentine Partners LLC grew its position in shares of Qudian by 124.2% during the 4th quarter. Ballentine Partners LLC now owns 24,548 shares of the company's stock worth $69,000 after purchasing an additional 13,599 shares in the last quarter. Finally, SG Americas Securities LLC grew its position in shares of Qudian by 35.1% during the 4th quarter. SG Americas Securities LLC now owns 368,384 shares of the company's stock worth $1,039,000 after purchasing an additional 95,778 shares in the last quarter. Institutional investors own 8.10% of the company's stock.
Qudian Company Profile
(
Get Free Report)
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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