Quhuo Ltd ADR [QH] moved up 14.56: Why It’s Important

MRKR Stock

Quhuo Ltd ADR [NASDAQ: QH] stock went on an upward path that rose over 14.56% on Monday, amounting to a one-week price increase of more than 19.20%.

Over the last 12 months, QH stock dropped by -13.24%. The one-year Quhuo Ltd ADR stock forecast points to a potential upside of 96.07. The average equity rating for QH stock is currently 1.00, trading closer to a bullish pattern in the stock market.

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The market cap for the stock reached $11.42 million, with 5.54 million shares outstanding. Compared to the average trading volume of 7.73M shares, QH stock reached a trading volume of 9598258 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Guru’s Opinion on Quhuo Ltd ADR [QH]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for QH shares is $30.03 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on QH stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

ROTH Capital have made an estimate for Quhuo Ltd ADR shares, keeping their opinion on the stock as Buy, with their previous recommendation back on August 04, 2020.

The Average True Range (ATR) for Quhuo Ltd ADR is set at 0.22, with the Price to Sales ratio for QH stock in the period of the last 12 months amounting to 0.02. The Price to Book ratio for the last quarter was 0.18, with the Price to Cash per share for the same quarter was set at 1.49.

QH Stock Performance Analysis:

Quhuo Ltd ADR [QH] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 19.20. With this latest performance, QH shares gained by 218.83% in over the last four-week period, additionally sinking by -2.48% over the last 6 months – not to mention a drop of -13.24% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for QH stock in for the last two-week period is set at 63.95, with the RSI for the last a single of trading hit 64.01, and the three-weeks RSI is set at 63.47 for Quhuo Ltd ADR [QH]. The present Moving Average for the last 50 days of trading for this stock 0.5462, while it was recorded at 1.0860 for the last single week of trading, and 0.8221 for the last 200 days.

Insight into Quhuo Ltd ADR Fundamentals:

Quhuo Ltd ADR’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.57 and a Current Ratio set at 1.57.

Quhuo Ltd ADR [QH] Institutonal Ownership Details