Qudian Inc. with ticker code (QD) now have 3 analysts covering the stock. The analyst consensus points to a rating of ‘Hold’. The target price ranges between 1.9 and 1.11 and has a mean target at 1.47. Given that the stocks previous close was at 1.19 this would imply there is a potential upside of 23.5%. The 50 day moving average now sits at 0.98 and the 200 day MA is 1.41. The market capitalisation for the company is $319m. You can visit the company’s website by visiting: https://www.qudian.com
The potential market cap would be $394m based on the market concensus.
Qudian Inc. operates a technology platform for the enhancement of online consumer finance experience in the People’s Republic of China. Its technology platform enables credit providers to offer consumer credit to young generation of consumers. The company offers small credit products to consumers; merchandise credit products to finance borrowers’ direct purchase of merchandise offered on its marketplace on an installment basis; and loan recommendation and referral services to third-party financial service providers. Qudian Inc. was founded in 2014 and is headquartered in Xiamen, the People’s Republic of China.
