Qudian Inc. – Consensus Indicates Potential -9.5% Downside

Broker Ratings
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Qudian Inc. with ticker code (QD) now have 2 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The range between the high target price and low target price is between 1.41 and 1.06 with a mean TP of 1.24. Given that the stocks previous close was at 1.37 this indicates there is a potential downside of -9.5%. There is a 50 day moving average of 1 while the 200 day moving average is 1.14. The market cap for the company is $293m. Find out more information at: https://www.qudian.com

The potential market cap would be $265m based on the market concensus.

Qudian Inc. operates as a consumer-oriented technology company in the People’s Republic of China. The company provides small cash credit products to consumers; and financial leasing and financing guarantee services, as well as technology development and services. It also offers ready-to-cook meal products for working-class consumers. The company was founded in 2014 and is headquartered in Xiamen, the People’s Republic of China.

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