16.7 C
New York
Tuesday, June 6, 2023

Taking On Challenges And Growing? – iQIYI Inc. (IQ)

After Hours

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. After-hours trades for iQIYI Inc. (IQ) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.01, or 0.22%, to $4.64. The iQIYI Inc. has recorded 1,723,807 volume in the after hours trading session. Most recently, Yahoo Finance reported about the stock as it publicized that iQIYI Announces First Quarter 2023 Financial Results.

Unlock the Hottest Top 10 Penny Stocks Today! Discover Now

Dive into the world of lucrative penny stocks with MarketClub's groundbreaking "Smart Scan" technology! Get an instant snapshot of the top 50 high volume stocks with a clear direction and outstanding liquidity - in other words, the strongest trending. To unlock this exclusive list, simply provide your first name, last name, and email for instant access.

Gain Access to Top 10 Penny Stocks Now!.

Sponsored

Stocks Info

This NASDAQ-listed company operates within the Entertainment industry segment, falling under the Communication Services sector. At the end of the last regular session, the stock closed at $4.63 and fluctuated between $4.7200 as its day high and $4.4000 as its day low. The current market capitalization of iQIYI Inc. is $4.68B. A total of 14.2 million shares were traded on the day, compared to an average of 11.81M shares.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. According to analysts who have offered 12-month price targets for IQ in the last 3 months, the mean price target is $56.86 with high estimates of $83.98 and low estimates of $19.18. In terms of 52-week highs and lows, IQ has a high of $7.99 and a low of $1.65.

As of this writing, IQ has an earnings estimate of $0.04 per share for the current quarter. EPS was calculated based on a consensus of 6 estimates, with a high estimate of $0.06 per share and a lower estimate of $0. The company reported an EPS of $0.05 in the last quarter, which was 150.00% higher than expectations of $0.02.

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. IQ’s latest balance sheet shows that the firm has $4.35B in Cash & Short Term Investments as of fiscal 2021. There were $17.57B in debt and $22.48B in liabilities at the time. Its Book Value Per Share was $7.19, while its Total Shareholder’s Equity was $5.67B.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for IQ is Buy with a score of 4.33.

Related Articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest Articles