QuantaSing Group Ltd ADR (NASDAQ:QSG) concluded the trading at $9.34 on Wednesday, June 25 with a fall of -7.06% from its closing price on previous day.
Company’s P/E ratio for the trailing 12 months is 8.34. Considering stock’s 52-week price range provides that QSG hit a high price of $15.64 and saw its price falling to a low level of $1.41 during that period. Over a period of past 1-month, stock came adding 48.49% in its value.
With its current market valuation of $323.07 million, QuantaSing Group Ltd ADR is set to declare its quarterly results in July. QSG Stock’s Forward Dividend of 0.00 and its yield of 0.00% are making investors’ thoughts stronger that it could climb further before the company announces its earnings for the current quarter.
In contrast, when we review QSG stock’s current outlook then short term indicators are assigning it an average of 100% Buy, while medium term indicators are categorizing the stock at an average of 100% Buy. Long term indicators are suggesting an average of 100% Buy for it.
Digging deeper we become aware of the PEG ratio of the QSG stock which is currently positioned at 0.14. It further provides that stock’s current price level is 3.79% away from its 20-day simple moving average and is 28.88% off its SMA50. Its relative strength index (RSI) for 14-periods is oscillating at 51.57 while volatility remained at 5.54% over the past week which changes to 12.28% when measuring it over the past month. Beta is valued at -1.15. In predicting price targets of as low as $9.52 and as high as $9.52, analysts are in agreement on assigning the stock over the next 12 months average price target of $9.52. Stock’s current price level is -1.93% above from estimated low price target while it is -1.93% below the estimated high; and even if the QSG’s share succeeded to reach the median price of $9.52, then the outlook of -1.93% could come to the excitement of the investors.
The percentage of outstanding shares held by the insiders is 10.55% while it is 1.01% for the institutional holders. Addition of 520.89% by stock’s current price to its year-to-date value in last trading session is likely to be increasing investors’ interest in the stock as it is hinting an extended uptrend.
