Qilian International Holding Group Limited (NASDAQ:QLI) shares, rose in value on Wednesday, Apr 07, with the stock price up by 7.46% to the previous day’s close as strong demand from buyers drove the stock to $4.9.
Actively observing the price movement in the last trading, the stock closed the session at $4.56, falling within a range of $4.5200 and $5.5500. The value of beta (5-year monthly) was 0 whereas the PE ratio was 33.79 over 12-month period. Referring to stock’s 52-week performance, its high was $22, and the low was $4.2. On the whole, QLI has fluctuated by 12.13% over the past month.
A comparison of Qilian International Holding Group Limited (QLI) with its peers suggests the former has fared considerably weaker in the market. QLI showed an intraday change of +7.46% in last session, and over the past year, it dropped by 0%. In comparison, Zoetis Inc Cl A (ZTS) has moved higher at +1.27% on the day and was up +24.52% over the past 12 months. On the other hand, the price of Takeda Pharmaceutical Co. Ltd (TAK) has fallen -2.86% on the day. The stock, however, is off 11.87% from where it was a year ago. Additionally, there is a gain of 746% for Catalent Inc (CTLT) in last trading while the stock has seen an overall depriciation of 0% over the past year. The PE ratio stands at 33.79 for Qilian International Holding Group Limited, compared to 46.12 for Zoetis Inc Cl A, and 33.19 for Takeda Pharmaceutical Co. Ltd. Other than that, the overall performance of the S&P 500 during the last trading session shows that it gained 0.15%. Meanwhile, the Dow Jones Industrial improved by 0.05%.
Data on historical trading for Qilian International Holding Group Limited (NASDAQ:QLI) indicates that the trading volumes over the past 10 days have averaged 101.75 Million and over the past 3 months, they’ve averaged 778.19 Million. According to company’s latest data on outstanding shares, there are 35Million shares outstanding.
Nearly 77.45% of Qilian International Holding Group Limited’s shares belong to company insiders and institutional investors own 0.07% of the company’s shares, according to Thomson Reuters’ data. The data on short interest also indicates that stock shorts accounted for 18.67 Million shares as on March 14, 2021, resulting in a short ratio of 0.09. According to the data, the short interest in Qilian International Holding Group Limited (QLI) stood at 0.05% of shares outstanding as of March 14, 2021; the number of short shares registered in February reached 61.82 Million. The stock has fallen by -51% since the beginning of the year, thereby showing the risk of a further decline. This could cause investors’ confidence to be optimistic about the QLI stock heading into the next quarter.