Qudian . with ticker code (QD) now have 5 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 2.06 and 1.12 calculating the mean target price we have 1.54. With the stocks previous close at 0.98 this indicates there is a potential upside of 57.1%. The day 50 moving average is 0.91 while the 200 day moving average is 1.5. The market capitalisation for the company is $258m. Company Website: https://www.qudian.com
The potential market cap would be $406m based on the market concensus.
Qudian . 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 . was founded in 2014 and is headquartered in Xiamen, the People’s Republic of China.
