QD Stock Surges After-hours with a 5.15% Increase

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Oct 16, 2024

Quidian (QD, Financial) experienced a notable stock movement, with its share price escalating by 5.15%. The stock currently trades at $2.17 per share, with a volume of 273,994 shares and a turnover rate of 0.14%, experiencing a volatility of 5.34%.

According to its latest financial report, Quidian reported a revenue of $7.38 million and a net profit of $13.78 million, translating to earnings per share of $0.07. The company has a price-to-earnings ratio of -12.28. No institutional ratings for buy, hold, or sell have been provided for this stock at present.

Within the credit services industry, where Quidian operates, the sector saw an overall increase of 1.33%. Other significant performers in the industry included Xiaoying Technology and Oportun Financial Corporation. Stocks like Upstart Holdings, Inc., Sofi Technologies, Inc., and Western Union also displayed notable activity with turnover rates of 5.29%, 2.95%, and 1.76%, respectively. Highly volatile stocks included PINTEC, Xiaoying Technology, and LexinFintech, with amplitude figures of 10.46%, 7.55%, and 6.95%.

Quidian, based in the People's Republic of China, is a technology-driven company offering online platforms for small consumer credit products. It aims to empower financial institutions by enhancing their marketing and operational efficiency, connecting diverse financial products to network traffic.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.