Is 360 DigiTech Inc.s 315.80% Rise This Year Is A Better Investing Opportunity?
In last trading session, 360 DigiTech Inc. (NASDAQ:QFIN) saw 4.09 million shares changing hands. Companys recent per share price level of $41.58 trading at -$1.29 or -3.01% at ring of the bell on the day assigns it a market valuation of $6.10B. That closing price of QFINs stock is at a discount of -6.04% from its 52-week high price of $44.09 and is indicating a premium of 76.74% from its 52-week low price of $9.67. Taking a look at companys average trading volume for last 10-days demonstrates a volume of 4.71 million shares which gives us an average trading volume of 3.04 million if we extend that period to 3-months. For 360 DigiTech Inc. (QFIN), analysts consensus is at an average recommendation of a Buy while assigning it a mean rating of 1.60. Splitting up the data highlights that, out of 9 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 9 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of $1.17 in the current quarter. 360 DigiTech Inc. (NASDAQ:QFIN) trade information  Upright in the red during last session for losing -3.01%, in the last five days QFIN remained trading in the green while hitting its week-highest on Tuesday, 06/15/21 when the stock touched $41.58 price level, adding 5.69% to its value on the day. 360 DigiTech Inc.s shares saw a change of 252.67% in year-to-date performance and have moved 6.04% in past 5-day. 360 DigiTech Inc. (NASDAQ:QFIN) showed a performance of 69.65% in past 30-days. Number of shares sold short was 2.24 million shares which calculate 0.97 days to cover the short interests. Wall Street analysts have assigned a consensus price target of $289.17 to the stock, which implies a rise of 85.62% to its current value. Analysts have been projecting $216.43 as a low price target for the stock while placing it at a high target of $384.15. It follows that stocks current price would drop -823.88% in reaching the projected high whereas dropping to the targeted low would mean a loss of -420.51% for stocks current value. 360 DigiTech Inc. (QFIN) estimates and forecasts  Statistics highlight that 360 DigiTech Inc. is scoring comparatively higher than the scores of other players of the relevant industry. The company added 267.96% of value to its shares in past 6 months, showing an annual growth rate of 11.05% while that of industry is 8.50. Apart from that, the company came raising its revenue forecast for fiscal year 2021. The company is estimating its revenue growth to increase by 27.20% in the current quarter and calculating -15.60% decrease in the next quarter. This year revenue growth is estimated to rise 14.40% from the last financial years standing. Weighing up companys earnings over the past 5-year and in the next 5-year periods. In 2021, companys earnings growth rate is likely to be around 37.20%. QFIN Dividends  360 DigiTech Inc. is more likely to be releasing its next quarterly report in July and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt. 5 Stocks Under $10 That Are Poised to Take Off Investing in stocks under $10 could significantly increase the returns on your portfolio, especially if you pick the right stocks! Within this report you will find 5 top stocks that offer investors huge upside potential and the best bang for their buck. Investing in stocks under $10 could significantly increase the returns on your portfolio, especially if you pick the right stocks! Within this report you will find 5 top stocks that offer investors huge upside potential and the best bang for their buck. Add them to your watchlist before they take off! Get the Top 5 Stocks Now! Sponsored  360 DigiTech Inc. (NASDAQ:QFIN)s Major holders  Insiders are in possession of 9.51% of companys total shares while institution are holding 58.69 percent of that, with stock having share float percentage of 64.86%. Investors also watch the number of corporate investors in a company very closely, which is 58.69% institutions for 360 DigiTech Inc. that are currently holding shares of the company. Fountainvest China Capital Partners Gp3 Ltd. is the top institutional holder at QFIN for having 13.57 million shares of worth $352.98 million. And as of Mar 30, 2021, it was holding 10.26% of the companys outstanding shares. The second largest institutional holder is Aspex Management (HK) Ltd, which was holding about 9.16 million shares on Mar 30, 2021. The number of shares represents firms hold over 6.92% of outstanding shares, having a total worth of $238.19 million. On the other hand, Vanguard International Stock Index-Emerging Markets Stk and Vanguard International Stock Index-Total Intl Stock Indx are the top two Mutual Funds which own companys shares. As of Jan 30, 2021, the former fund manager was holding 1.43 million shares of worth $24.87 million or 1.08% of the total outstanding shares. The later fund manager was in possession of 1.36 million shares on Jan 30, 2021, making its stake of worth around $23.68 million in the company or a holder of 1.03% of companys stock.