Qilian International Holding Group ltd (QLI) saw an uptrend of 13.08% in the recent trading with $0.69 being its most recent. The current price level -48.90% lower than the highest price of $1.35 marked by the stock while trading over the past 52-weeks, whereas it is 94.28% higher than the lowest price of $0.36 the company dropped to over past 52-weeks. The latest news story on QLI appeared in (PR Newswire) under the title “Qilian International Holding Group Receives 180-day Extension from Nasdaq to Meet Minimum Bid Price Rule”.
Squeezing the time span to 30 day period shows us the stock is currently trading -0.01% below one month high and is +94.28% above of the lowest during that time. Looking into the simple moving average, Qilian International Holding Group ltd (QLI)’s stock stands at a SMA-50 of $0.5682 while that of 5-day is reading $0.6079.
Daily rise and fall of price influence many of the traders, and in order to overcome the fluctuating effect of that and to watch the stock closely, traders focus more on stock’s 200-day moving average. At various points in trading activity, investors are more likely to be making use of that measure as a strong indicator in figuring out their support and resistance levels, and QLI’s SMA-200 as of now is $0.6853.
Qilian International Holding Group ltd Earnings – What Happened With QLI
Coming around sales and income figures on QLI Stock Income Statement, public trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor.
QLI – Qilian International Holding Group ltd Stock Earnings Estimates
Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 35.75 million. QLI does have institutional investors; and they hold 0.08% of the stock.
Qilian International Holding Group ltd – Insider Activity and Holdings
As on Jun 29, 2023, Geode Capital Management, LLC was the top most holder in Qilian International Holding Group ltd (NASDAQ:QLI) with an ownership of 23641.0 shares of the company or 0.07% of the stake worth $20566.0. The filing also reveals Morgan Stanley as the second largest holder in the company with a control over 0.01% of the outstanding shares. Its stake is worth $1560.0 for having 1794.0 shares in hand.
The liquidity is a key characteristic of any stock and is the main point of focus of both short-term as well as long term investors before start trading into a stock. In recently reported quarter, Qilian International Holding Group ltd has a debt to equity ratio of 0.01.
Technical Analysis of Qilian International Holding Group ltd (NASDAQ:QLI) stock
To comprehend better with the trade moves and investors’ behavior, exploring the short, medium and long term technical indicators along with average volume of a stock is an effective way to make use of. When looking into those indicators for Qilian International Holding Group ltd (QLI), we notice that the stock’s 20-day average volume is at 215,640 shares and 50% of short term indicators are suggesting the stock as Buy. Its 50-day average volume of 92,236 shares. And to end, QLI’s 100-day average volume is 58,245 shares with 50% of the long-term indicators pointing towards Buy for the stock.
