At the last check on Thursday, Quhuo Limited’s (NASDAQ:QH) stock was up $0.01, moving up 0.53 percent to $1.90. The average number of shares traded per day over the past five days has been 162,846 shares. 5 times new highs have been achieved over the past 5 days, with a $0.3979 gain in that time frame. In the last twenty days, the average volume was 60,746, while in the previous 50 days, it was 43,189.
Since last month, QH stock retreated -1.04%. Shares of the company fell to $1.5100 on 08/28/23, the lowest level in the past month. A 52-week high of $5.40 was reached on 05/01/23 after having rallying from a 52-week low of $1.07. Since the beginning of this year, QH’s stock price has risen by 58.33% or $0.7479, and marked a new high 8 times. However, the stock has declined by -64.81% since its 52-week high.
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Valuation Metrics
The stock’s beta is 0.38. Besides these, the trailing price-to-sales (P/S) ratio of 0.02, the price-to-book (PB) ratio of 0.02.
Financial Health
In the recent quarter, Quhuo Limited’s quick ratio stood at 1.50, while its current ratio was 1.50, showing that the company is able to pay off its debt. On the profitability front, the trailing twelve-month gross margin is 6.60% percent. In the recent year, EBITDA margin amounted to 1.44%, whereas operating margins totaled 0.90%. Based on annual data, QH earned $36.64 million in gross profit and brought in $553.9 million in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 2.60%. Return on equity (ROE) for the past 12 months was -2.70%.
QH’s revenue fell -14.04% during the quarter, while net income inched up to $553.9 million. The liabilities of Quhuo Limited were 85.1 million at the end of its most recent quarter, and its total debt was $71.12 million.
Technical Picture
This quick technical analysis looks at Quhuo Limited’s (QH) price momentum. With a historical volatility rate of 64.49%, the RSI 9-day stood at 71.85% on 30 August.
With respect to its five-day moving average, the current Quhuo Limited price is up by +25.67% percent or $0.3979. At present, QH shares trade +1.98% above its 20-day simple moving average and +36.22% percent above its 100-day simple moving average. However, the stock is currently trading approximately -13.81% below its SMA50 and +35.27% above its SMA200.
Stochastic coefficient K was 72.42% and Stochastic coefficient D was 51.90%, while ATR was 0.1809. Given the Stochastic reading of 74.22% for the 14-day period, the RSI (14) reading has been calculated as 62.28%. As of today, the MACD Oscillator reading stands at 0.1918, while the 14-day reading stands at 0.2016.
Analyst Ratings
ROTH Capital launched its rating on Quhuo Limited (NASDAQ: QH) to a Buy in a note to investors on August 04, 2020. Quhuo Limited (QH) has been rated Buy by analysts. According to 0 brokerage firms, QH is a sell, and 0 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 0 analysts rate Quhuo Limited stock as buy, with 1 recommending it as overweight.
With a median target price of $191.04, the current consensus forecast for the stock is $191.04 – $191.04. Based on these forecasts, analysts predict Quhuo Limited (QH) will achieve an average price target of $191.04.
