Qudian (NYSE:QD) Announces Earnings Results

Qudian (NYSE:QD) announced its earnings results on Thursday. The company reported ($0.05) EPS for the quarter, Zacks reports. Qudian had a net margin of 18.32% and a return on equity of 0.36%. The firm had revenue of $7.16 million for the quarter.

Qudian Price Performance

Shares of Qudian stock opened at $2.85 on Friday. Qudian has a 12 month low of $1.52 and a 12 month high of $3.34. The stock has a market capitalization of $570.71 million, a price-to-earnings ratio of 71.13 and a beta of 0.70. The business has a 50-day moving average of $2.87 and a 200 day moving average of $2.57.

Institutional Investors Weigh In On Qudian

A hedge fund recently bought a new stake in Qudian stock. Brighton Jones LLC bought a new position in shares of Qudian Inc. (NYSE:QD) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 12,000 shares of the company’s stock, valued at approximately $34,000. Hedge funds and other institutional investors own 8.10% of the company’s stock.

Qudian Company Profile

Qudian Inc operates as a consumer-oriented technology company in the People's Republic of China. The company engages in the operation of online platforms to provide small consumer credit products. It also provides technology development and services; research and development services; and delivery services.