Previous close | 4.5000 |
Open | 4.5100 |
Bid | 4.1700 x 4000 |
Ask | 4.1800 x 3200 |
Day's range | 4.1200 - 4.5600 |
52-week range | 1.6500 - 7.9890 |
Volume | |
Avg. volume | 11,620,617 |
Market cap | 3.999B |
Beta (5Y monthly) | 0.50 |
PE ratio (TTM) | 104.50 |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | N/A |
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Shares of iQiyi (NASDAQ: IQ) jumped 15.4% in February, according to data from S&P Global Market Intelligence, after the Chinese streaming video platform reported better-than-expected fourth-quarter earnings, building on a stronger performance that had been building up for most of the year. Analyst Daniel Chen at J.P. Morgan was surprised by the robust growth iQiyi produced, noting adjusted earnings were 176% more than what it had forecast. Like Netflix, the Chinese streamer has had to produce more content in-house to maintain parity with the competition and the quality of its programming has reportedly been very good, helping iQiyi grow its subscriber base.
Investors in the Chinese streaming video specialist iQiyi (NASDAQ: IQ) enjoyed a brief rally this past week. The rally was sparked by iQiyi's Q4 earnings update, which featured improving trends on both the top and bottom lines. Operating profit margin rose to 10% of sales from 4% of sales in the prior quarter, with help from cost cuts and faster membership acquisitions.
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Week to date, shares of iQiyi (NASDAQ: IQ) were down 14% as of 12:21 p.m. on Friday, according to data provided by S&P Global Market Intelligence. On Jan. 17, iQiyi announced an offering of 76.5 million American depositary shares, representing about 10% of its market capitalization (total shares outstanding times the share price). While Yu believes the long-term outlook is still uncertain, iQiyi is showing considerable progress in its turnaround effort.
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IQIYI, Inc. Sponsored ADR (IQ) closed the most recent trading day at $3.94, moving -0.76% from the previous trading session.
In the latest trading session, iQIYI, Inc. Sponsored ADR (IQ) closed at $3.73, marking a -1.06% move from the previous day.
In the latest trading session, iQIYI, Inc. Sponsored ADR (IQ) closed at $3.92, marking a +1.03% move from the previous day.
IQIYI, Inc. Sponsored ADR (IQ) closed at $3.91 in the latest trading session, marking a +0.26% move from the prior day.
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