iQIYI Inc ADR [NASDAQ: IQ] loss -1.80% or -0.03 points to close at $1.64 with a heavy trading volume of 87274364 shares.
The daily chart for IQ points out that the company has recorded -39.03% loss over the past six months.
If we look at the average trading volume of 36.01M shares, IQ reached to a volume of 87274364 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about iQIYI Inc ADR [IQ]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for IQ shares is $2.64 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on IQ stock is a recommendation set at 2.08. 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.
HSBC Securities have made an estimate for iQIYI Inc ADR shares, keeping their opinion on the stock as Hold, with their previous recommendation back on January 16, 2025. The new note on the price target was released on August 27, 2024, representing the official price target for iQIYI Inc ADR stock. On July 23, 2024, analysts decreased their price target for IQ shares from 4.70 to 3.
The Average True Range (ATR) for iQIYI Inc ADR is set at 0.17, with the Price to Sales ratio for IQ stock in the period of the last 12 months amounting to 0.21. The Price to Book ratio for the last quarter was 0.47, with the Price to Cash per share for the same quarter was set at 1.16.
Trading performance analysis for IQ stock
iQIYI Inc ADR [IQ] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -9.39. With this latest performance, IQ shares dropped by -28.07% in over the last four-week period, additionally sinking by -39.03% over the last 6 months – not to mention a drop of -63.06% 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 IQ stock in for the last two-week period is set at 32.79, with the RSI for the last a single of trading hit 29.26, and the three-weeks RSI is set at 36.23 for iQIYI Inc ADR [IQ]. The present Moving Average for the last 50 days of trading for this stock 2.2032, while it was recorded at 1.6610 for the last single week of trading, and 2.4850 for the last 200 days.
iQIYI Inc ADR [IQ]: A deeper dive into fundamental analysis
iQIYI Inc ADR’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.44 and a Current Ratio set at 0.44.
iQIYI Inc ADR [IQ]: An earnings per share (EPS) analysis
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for IQ. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for iQIYI Inc ADR go to 23.35%.
An analysis of Institutional ownership at iQIYI Inc ADR [IQ]
There are presently around $46.24%, or 46.34%% of IQ stock, in the hands of institutional investors. The top three institutional holders of IQ stocks are: GOLDMAN SACHS GROUP INC with ownership of 31.2 million shares, which is approximately 3.2515%. JPMORGAN CHASE & CO, holding 26.81 million shares of the stock with an approximate value of $$98.38 million in IQ stocks shares; and JPMORGAN CHASE & CO, currently with $$65.29 million in IQ stock with ownership which is approximately 1.8537%.
