Qihoo 360 Technology Co. Ltd. (NYSE:QIHU) 360 July weekly call option implied volatility is at 80, July is at 67, August is at 58, September is at 52; compared to its 52-week range of 17 to 67, suggesting large near term price movement.
Shares of Qihoo 360 Technology Co. Ltd. (NYSE:QIHU) are trading -2.40% at the time of writing on the news and in the range of 53.06 – 58.48 for the current session. In taking a deeper look at the stock and where it might be headed, brokerage firms on Wall Street currently have a consensus one year price target of 79.39 on the shares. This is according to analysts surveyed by Thomson Reuters First Call. The sell-side analysts are projecting earnings per share of 0.93 for the next fiscal quarter. For the current year, analysts are predicting earnings of 3.47 per share according to First Call.
In looking at where the stock is trading on a technical level, the stock is trading -8.19% away from its 50 day moving average of 62.32. Based on the most recent available data, the equity is -45.41% off of its 52-week high of 104.81 and +28.41% away from its 52-week low which is 44.56.
In taking a look at the company’s valuation, the firm’s price to earnings ratio stands at 33.23. This is a crucial indicator investors watch as higher ratios compared to peers, would suggest higher future earnings growth potential for the stock. The price to current year EPS estimates from research analysts currently stands at 16.49. In looking further ahead, potential investors should note that the company’s price to next year’s EPS estimates is 11.85.
Today, the stock opened at 53.73 and the last bid at the time of writing stood at 57.22. During the session thus far, the equity dipped down to 53.06 and touched 58.48 as the high point. Qihoo 360 Technology Co. Ltd. A has a market cap of 7.13B and has seen an average daily volume of 3494900 over the past three months.