Qudian Inc. (NYSE:QD) has current ratio of 1.40 that indicates firm has capacity of total assets to cover its short-term and long term obligations. QD shares price shows upbeat performance moved up 10.56% during latest trading session. The stock traded on impressive volume of 18.27 Million comparing to the average volume of 9223.08 shares, completing picture of exact trends with uncompleted dots in volume over the norm.
The price volatility of stock was 16.78% for a week and 10.48% for a month. The traders appear at its historical volatility to assist determine the relative risk of a possible trade. The primary measure of volatility used by traders and analysts is standard deviation. This metric reflects the average amount a stock’s price has differed from the mean over a period of time. The firm is having analyst recommendation of 1.80 on scale of 1 to 5. Confine focus to firm performance, its weekly performance was -36.27% and monthly performance was -40.75%. The stock price of QD is moving down from its 20 days moving average with -42.63% and isolated negatively from 50 days moving average with -45.74%.
QD has diverse level of tendency on its effort toward active momentum. Company has conspicuous measure of stock oscillations; average true range may be heating up this temperature with value of 2.95. ATR is an exponential moving average (consist of 14 trading days) of the True Ranges that is explaining range of a day’s trading is high-low. Most of traders have the same opinion that volatility shows clear cycles and relying on this belief, ATR can be used to set up entry signals. The ATR breakout systems are frequently used by short-term traders to time entries. Taking short look on returns of the firm, net profit margin recorded as 82.80%, price to sale ratio stands at 9.73 and it indicates how much investor paid for a share compared to the sales a company generated per share. A higher ratio means that the market is willing to pay for each dollar of annual sales. A higher P/S ratio means that the market is willing to pay for each dollar of annual sales and a better benchmark is to compare with industry average.
