Qudian Inc. Sponsored ADR (QD) Earns News Sentiment Rating of 0.17

Headlines about Qudian Inc. Sponsored ADR (NYSE:QD) have trended somewhat positive this week, Accern Sentiment Analysis reports. The research firm rates the sentiment of press coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Qudian Inc. Sponsored ADR earned a media sentiment score of 0.17 on Accern’s scale. Accern also assigned headlines about the company an impact score of 46.9218326990694 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.

These are some of the headlines that may have effected Accern’s rankings:

QD has been the subject of a number of recent research reports. Citigroup Inc. initiated coverage on Qudian Inc. Sponsored ADR in a research note on Tuesday. They issued a “buy” rating for the company. Macquarie initiated coverage on Qudian Inc. Sponsored ADR in a research note on Tuesday. They issued an “outperform” rating and a $36.00 target price for the company. Credit Suisse Group initiated coverage on Qudian Inc. Sponsored ADR in a research note on Monday. They issued an “outperform” rating for the company. Finally, Sanford C. Bernstein initiated coverage on Qudian Inc. Sponsored ADR in a research note on Thursday, October 19th. They issued an “outperform” rating for the company.

Qudian Inc. Sponsored ADR (NYSE QD) traded down $0.28 during midday trading on Tuesday, hitting $27.23. The stock had a trading volume of 8,129,700 shares, compared to its average volume of 6,277,883. Qudian Inc. Sponsored ADR has a fifty-two week low of $21.90 and a fifty-two week high of $35.45.

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