Markets

Qudian (QD) Catches Eye: Stock Jumps 6.2%

Qudian Inc. QD was a big mover last session, as the company saw its shares rise more than 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This stock, which remained volatile and traded within the range of $6.74 –$8.72 in the past one-month time frame, witnessed a sharp increase yesterday.

The company has seen no changes when it comes to estimate revision over the past few weeks, while the Zacks Consensus Estimate for the current quarter has also remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Qudian currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

Qudian Inc. Sponsored ADR Price

Qudian Inc. Sponsored ADR Price

Qudian Inc. Sponsored ADR price | Qudian Inc. Sponsored ADR Quote

Investors interested in the Financial - Consumer Loans industry may consider Navient Corporation NAVI, which has a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.