QuantaSing Group Ltd ADR (NASDAQ:QSG) price closed higher on Monday, April 28, and jumping 14.88% above its previous close.
A look at the daily price movement shows that the last close reads $5.04, with intraday deals fluctuated between $5.51 and $6.39. The company’s 5Y monthly beta was ticking -1.123 while its P/E ratio in the trailing 12-month period read 5.50. Taking into account the 52-week price action we note that the stock hit a 52-week high of $7.96 and 52-week low of $1.38. The stock added 89.22% on its value in the past month.
QuantaSing Group Ltd ADR, which has a market valuation of $200.28 million, is expected to release its quarterly earnings report on 2025-Mar-10.
On average, analysts have forecast the company’s revenue for the quarter will hit 603.62M, with the likely lows of 603.62M and highs of 603.62M. The average estimate suggests sales growth for the quarter will likely fall by -36.16% when compared to those recorded in the same quarter in the last financial year. Staying with the analyst view, there is a consensus estimate of 3.47B for the company’s annual revenue in current year. Per this projection, the revenue is forecast to grow -8.57% below that which the company brought in the current year earning report.
Technical indicators in stocks provide crucial insights into market trends, guiding investors with precise entry and exit points based on price movements for informed decision-making.On the technical perspective front, indicators give QSG a short term outlook of 100% Buy on average. Looking at the stock’s medium term indicators we note that it is averaging as a 100% Buy, while an average of long term indicators are currently assigning the stock as 100% Buy.
The overview shows that QSG’s price is at present 23.80% off the SMA20 and 68.13% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 65.71, with weekly volatility standing at 13.34%. The indicator jumps to 20.60% when calculated based on the past 30 days. QuantaSing Group Ltd ADR (NASDAQ:QSG)’s beta value is holding at -1.34, while the average true range (ATR) indicator is currently reading 0.72. Considering analysts have assigned the stock a price target range of $1.72-$1.72 as the low and high respectively, we find the trailing 12-month average consensus price target to be $1.72. Based on this estimate, we see that current price is roughly 70.29% off the estimated low and 70.29% off the forecast high. Investors will no doubt be excited to see the share price rise to $1.72, which is the median consensus price, and at that level QSG would be 70.29% from current price.
An analysis of the QuantaSing Group Ltd ADR (NASDAQ:QSG) stock in terms of its daily trading volume indicates that the 3-month average is 805.61K. However, this figure increases on the past 10-day timeline to an average of 0.39 million.
Current records show that the company has 34.59M in outstanding shares. The insiders’ percentage holdings are 11.73% of outstanding shares while the percentage share held by institutions stands at 0.74%. The stats also highlight that short interest as of 2025-04-15, stood at 0.21 million shares, which puts the short ratio at the time at 0.1. From this we can glean that short interest is 134.00 of company’s current outstanding shares. Notably, we see that shares short in April rose slightly given the previous month’s figure stood at 24727.0. But the 168.06% upside, the stock’s price has registered year-to-date as of last trading, will likely reignite investor interest given the prospect of it rallying even higher.
