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A statement released earlier today by Needham about Qudian (UNKNOWN:QD) ups the target price to $30.00

Just yesterday Qudian (UNKNOWN:QD) traded 6.79% higher at $20.31. Qudian’s 50-day moving average is $29.18 and its 200-day moving average is $29.18. The last stock price is down 6.79% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has increased 0.01% over the same time period. 4,975,701 shares of QD traded hands, down from an average trading volume of 33,466,900

In a report released on Monday November 20, 2017 Needham increased the stock price target of Qudian (UNKNOWN:QD) to $30.00 reporting a possible upside of 0.48%.

Previously on Wednesday November 15, 2017, Morgan Stanley released a statement about Qudian (UNKNOWN:QD) increased the target price from $0.00 to $28.70. At the time, this indicated a possible upside of 0.14%.

Recent Performance Chart


Qudian has 52 week low of $28.49 and a 52 week high of $35.45 and has a market capitalization of $0.

Brief Synopsis On Qudian (UNKNOWN:QD)

Qudian Inc. provides cash credit products, which provide funds in digital form, and merchandise credit products. The Company operates through an online platform and all the transaction are facilitated through mobile devices. Borrowers can apply for credit on their mobile phones and receive approval within a few seconds. Approved borrowers are then able to draw down on their cash credit with cash disbursed immediately into their Alipay accounts in digital form. It also offers merchandise credit products to finance borrowers' direct purchase of merchandise offered on its marketplace on installment basis. Its marketplace connects consumers with merchandise suppliers. It offers 14 categories of merchandise from over 1,000 brands covering primarily consumer electronics, home appliances, watches and accessories, sports and outdoor merchandise and luggage.

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