Qudian (NYSE:QD) Issues Earnings Results

Qudian (NYSE:QD) issued its quarterly earnings data on Monday. The company reported $0.35 EPS for the quarter, Zacks reports. Qudian had a return on equity of 4.65% and a net margin of 388.27%.

Qudian Trading Up 4.8%

Qudian stock opened at $4.58 on Monday. Qudian has a 1-year low of $2.04 and a 1-year high of $5.08. The firm has a 50 day simple moving average of $4.52 and a 200 day simple moving average of $3.88. The firm has a market capitalization of $772.60 million, a price-to-earnings ratio of 10.66 and a beta of 0.65.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reissued a “hold (c)” rating on shares of Qudian in a research report on Wednesday, October 8th. One equities research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy”.

Institutional Investors Weigh In On Qudian

An institutional investor recently bought a new position in Qudian stock. Brighton Jones LLC bought a new position in shares of Qudian Inc. – Sponsored ADR (NYSE:QD) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 12,000 shares of the company’s stock, valued at approximately $34,000. Hedge funds and other institutional investors own 8.10% of the company’s stock.

Qudian Company Profile

Qudian Inc operates as a consumer-oriented technology company in the People's Republic of China. The company engages in the operation of online platforms to provide small consumer credit products. It also provides technology development and services; research and development services; and delivery services.