Qudian (NYSE:QD) Posts Earnings Results

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

Qudian Price Performance

NYSE:QD opened at $2.99 on Thursday. Qudian has a one year low of $1.52 and a one year high of $3.34. The company has a market cap of $598.79 million, a PE ratio of 74.63 and a beta of 0.70. The firm’s 50 day simple moving average is $2.86 and its 200 day simple moving average is $2.56.

Hedge Funds Weigh In On Qudian

An institutional investor recently bought a new position in Qudian stock. Brighton Jones LLC acquired a new stake in Qudian Inc. (NYSE:QD) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 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.