Shares of Qudian Inc. American Depositary Shares each representing one Class A (NYSE:QD) traded today at $3.29, eclipsing its 52-week high. This new high was reached on approximately average trading volume as 8.7 million shares traded hands, while the average 30-day volume is approximately 7.6 million shares.
Qudian Inc. American Depositary Shares each representing one Class A (NYSE:QD) has potential upside of 1.0% based on a current price of $3.11 and analysts’ consensus price target of $3.14.
Over the past year, Qudian Inc. American Depositary Shares each representing one Class A has traded in a range of $1.18 to $3.29 and is now at $3.11, 163% above that low.
Qudian Inc is a provider of online credit products using data-enabled technologies, such as artificial intelligence and machine learning in China. The company has two reportable segments namely Installment credit services and Transaction services. It generates maximum revenue from the Installment credit services segment. The company derives the majority revenue from the China region. It offers cash credit products, which provide funds in digital form, and merchandise credit products.
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