Qifu Technology Inc. ADR’s recently made public that its Officer Yan Zheng acquired Company’s shares for reported $18.3 million on Dec 03 ’24. In the deal valued at $37.88 per share,483,000 shares were bought.
Then, Holy Vanguard Ltd bought 1,200,000 shares, generating $45,456,000 in total proceeds.
Before that, Andrew Y Yan bought 800,000 shares. Qifu Technology Inc. ADR shares valued at $21,192,000 were divested by the Director at a price of $26.49 per share.
Nomura initiated its Qifu Technology Inc. ADR [QFIN] rating to a Buy in a research note published recently. A number of analysts have revised their coverage, including BofA Securities’s analysts, who began to cover the stock in early July with a ‘”a Buy”‘ rating. Jefferies started covering the stock on January 05, 2021. It rated QFIN as “a Buy”.
Price Performance Review of QFIN
On Monday, Qifu Technology Inc. ADR [NASDAQ:QFIN] saw its stock jump 6.79% to $45.45. Over the last five days, the stock has gained 6.24%. Qifu Technology Inc. ADR shares have risen nearly 18.42% since the year began. Nevertheless, the stocks have risen 128.28% over the past one year. While a 52-week high of $48.94 was reached on 03/27/25, a 52-week low of $18.13 was recorded on 04/09/25. SMA at 50 days reached $41.53, while 200 days put it at $34.93.
Levels Of Support And Resistance For QFIN Stock
The 24-hour chart illustrates a support level at 44.55, which if violated will result in even more drops to 43.66. On the upside, there is a resistance level at 46.27. A further resistance level may holdings at 47.10. The Relative Strength Index (RSI) on the 14-day chart is 63.02, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.73, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 9.20%. Stochastics %K at 85.62% indicates the stock is a selling.
The most recent change occurred on July 16, 2020 when CLSA began covering the stock and recommended ‘”a Buy”‘ rating along with a $20 price target.
