Qudian Inc. American Depositary Shares each representing one Class A (NYSE:QD) traded today at a new 52-week high of $2.18. So far today approximately 99.6 million shares have been exchanged, as compared to an average 30-day volume of 2 million shares.
In the past 52 weeks, shares of Qudian Inc. American Depositary Shares each representing one Class A have traded between a low of $0.63 and a high of $2.18 and is now at $1.76, which is 180% above that low price.
Qudian Inc. American Depositary Shares each representing one Class A (NYSE:QD) is currently priced 59.2% above its average consensus analyst price target of $0.72.
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 E-commerce sales services. It generates maximum revenue from the Installment credit services segment. The company derives the majority of its revenue from the China region. It offers cash credit products, which provide funds in digital form, and merchandise credit products.
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