QuantaSing Group Ltd ADR (NASDAQ:QSG) price on Friday, April 11, rose 8.31% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $4.43.
A look at the stock’s price movement, the close in the last trading session was $4.09, moving within a range at $4.18 and $4.74. The beta value (5-Year monthly) was -1.123 while the PE ratio in trailing twelve months stood at 4.21. Turning to its 52-week performance, $7.96 and $1.38 were the 52-week high and 52-week low respectively. Overall, QSG moved 61.09% over the past month.
QuantaSing Group Ltd ADR’s market cap currently stands at around $153.23 million, with investors looking forward to this quarter’s earnings report slated for on 2025-Mar-10. The company has a Forward Dividend ratio of 0.00, with its dividend yield at 0.00%. As such, investors might be keen on an upside in the stock’s price ahead of the scheduled earnings report.
Analysts have a consensus estimate of 603.62M for the company’s revenue for the quarter, with a low and high estimate of 603.62M and 603.62M respectively. The average forecast suggests down to a -36.16% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 2.65B, representing a -30.14% decline on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that QSG is a 100% Buy. On the other hand, the stock is on average a 100% Buy as suggested by medium term indicators while long term indicators are putting the stock in 100% Buy category.
QSG’s current price about 17.19% and 47.34% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 58.07, while 7-day volatility ratio is 21.54% and 19.89% in the 30-day chart. Further, QuantaSing Group Ltd ADR (QSG) has a beta value of -1.02, and an average true range (ATR) of 0.79. Analysts have given the company’s stock an average 52-week price target of $1.72, forecast between a low of $1.72 and high of $1.72. Looking at the price targets, the low is 61.17% off current price level while to achieve the yearly target high, price needs to move 61.17%. Nonetheless, investors will most likely welcome a 61.17% jump to $1.72 which is the analysts’ median price.
If we refocus on QuantaSing Group Ltd ADR (NASDAQ:QSG), historical trading data shows that trading volumes averaged 4.33 over the past 10 days and 791.75K over the past 3 months. The company’s latest data on shares outstanding shows there are 34.59 million shares.
The 11.73% of QuantaSing Group Ltd ADR’s shares are in the hands of company insiders while institutional holders own 0.74% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 24727.0 on 2025-03-14, giving us a short ratio of 0.3. The data shows that as of 2025-03-14 short interest in QuantaSing Group Ltd ADR (QSG) stood at 16.0 of shares outstanding, with shares short falling to 34491.0 registered in 2025-02-14. Current price change has pushed the stock 105.09% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the QSG stock continues to rise going into the next quarter.
