Qudian (NYSE:QD) Issues Quarterly Earnings Results

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

Qudian Stock Down 1.6 %

QD opened at $2.85 on Friday. The firm has a market cap of $570.71 million, a price-to-earnings ratio of 71.13 and a beta of 0.70. Qudian has a 52 week low of $1.52 and a 52 week high of $3.34. The business’s 50 day moving average is $2.87 and its two-hundred day moving average is $2.57.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Qudian stock. Brighton Jones LLC bought a new stake in Qudian Inc. (NYSE:QD) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 12,000 shares of the company’s stock, valued at approximately $34,000. 8.10% of the stock is currently owned by institutional investors and hedge funds.

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.