With 7.39 million shares changed hands, the volume of the stock remained lighter than its average volume of 8.92 million shares. During the session, the Entertainment company that operates in wider Communication Services sector, reached to the highest price of $4.1750 whereas the lowest price it dropped to was $4.0200. The 52-week range on IQ shows that it touched its highest point at $7.51 and its lowest point at $3.06 during that stretch. It currently has a 1-year price target of $6.10. Beta for the stock currently stands at 0.25.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of IQ was up-trending over the past week, with a rise of 11.81%, but this was up by 20.77% over a month. Three-month performance dropped to -11.52% while six-month performance fell -12.10%. The stock lost -43.39% in the past year, while it has lost -16.60% so far this year. A look at the trailing 12-month EPS for IQ yields 0.28 with Next year EPS estimates of 0.58. For the next quarter, that number is 0.08. This implies an EPS growth rate of 17.64% for this year and 21.99% for next year.
Float and Shares Shorts:
At present, 522.25 million IQ shares are outstanding with a float of 521.93 million shares on hand for trading. On Feb 15, 2024, short shares totaled 42.56 million, which was 4.45% higher than short shares on Jan 12, 2024. In addition to IQDUSD=X as the firm’s IQD/USD, IQDBRX=X serves as its IQD/BRX.
Institutional Ownership:
Through their ownership of 60.49% of IQ’s outstanding shares, institutional investors have majority control over the company.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for IQ since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.
Dividends & Yield:
In terms of dividends, IQ has a current ratio of $––, which is $–– over the trailing 12-months, while a dividend of $–– is likely to be paid on average over the next five years. Dividend yield is another indicator that appeals to many investors, and IQ currently yields $0.00. In the past year, IQ’s dividend yield has been $0.00, but when looking at the stock over the past five years, its yield has been $–. Accordingly, IQ has a current buyback yield of $––. This was $–– for the TTM, and it was $–– for the past five years.
