iQIYI Inc ADR (NASDAQ:IQ) shares, rose in value on Wednesday, March 26, with the stock price up by 1.36% to the previous day’s close as strong demand from buyers drove the stock to $2.24.
Actively observing the price movement in the last trading, the stock closed the session at $2.21, falling within a range of $2.215 and $2.33. The value of beta (5-year monthly) was 0.051 whereas the PE ratio was 20.42 over 12-month period. Referring to stock’s 52-week performance, its high was $5.80, and the low was $1.82. On the whole, IQ has fluctuated by 7.18% over the past month.
With the market capitalization of iQIYI Inc ADR currently standing at about $1.18 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Feb-17.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 29.22B, with a low estimate of 7.04B and a high estimate of 7.14B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 7.1B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that IQ’s technical picture suggests that short-term indicators denote the stock is a Hold on average. However, medium-term indicators have put the stock in the category of Hold while long-term indicators on average have been pointing out that it is a 50% Sell.
The stock’s technical analysis shows that the PEG ratio is about 0.88, with the price of IQ currently trading nearly -1.68% and 0.65% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 47.89, while the 7-day volatility ratio is showing 5.59% which for the 30-day chart, stands at 5.82%. Furthermore, iQIYI Inc ADR (IQ)’s beta value is -0.16, and its average true range (ATR) is 0.14.
A comparison of iQIYI Inc ADR (IQ) with its peers suggests the former has fared considerably weaker in the market. IQ showed an intraday change of 1.36% in last session, and over the past year, it shrunk by -44.55%%.
Data on historical trading for iQIYI Inc ADR (NASDAQ:IQ) indicates that the trading volumes over the past 10 days have averaged 35.34 and over the past 3 months, they’ve averaged 28.72 million. According to company’s latest data on outstanding shares, there are 525.22 million shares outstanding.
Nearly 0.19% of iQIYI Inc ADR’s shares belong to company insiders and institutional investors own 45.89% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 55.02 million shares as on 2025-03-14, resulting in a short ratio of 1.6. According to the data, the short interest in iQIYI Inc ADR (IQ) stood at 1065.00 of shares outstanding as of 2025-03-14; the number of short shares registered in 2025-02-14 reached 40.41 million. The stock has risen by 11.44% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the IQ stock heading into the next quarter.
