Qudian Inc. with ticker code (QD) have now 5 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The target price ranges between 2.06 and 1.12 with the average target price sitting at 1.54. With the stocks previous close at 1.05 this is indicating there is a potential upside of 46.7%. The 50 day MA is 1.22 and the 200 moving average now moves to 1.72. The market cap for the company is $239m. You can visit the company’s website by visiting: https://www.qudian.com
The potential market cap would be $351m 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.
