iQIYI, Inc. (IQ) is currently priced at $1.11, reflecting a slight increase of 0.5 cents (0.45%) from the previous close. Trading volume is at $5 million, 48.62% above the average. Notable trading patterns and daily performance indicate a positive trend for the asset.
IQ has experienced a six-day streak of declining prices. The asset's price has decreased by 29.5 cents (20.92%) since the streak began, starting at $1.41.
In the latest earnings report on February 25th, iQIYI, Inc. reported earnings per share of $0.01573, surpassing the consensus estimate of -0.01. Further details on revenue and earnings call summary are not available.
Key financial metrics reveal a quick ratio of 0.47, gross profit margin at 20.87%, and an effective tax rate of 128.39%. Notably, the price to earnings ratio stands at -16598.34, indicating a unique valuation perspective on the asset.
This report provides insights into IQ's current performance, streaks, earnings overview, and essential financial ratios, giving investors a snapshot of iQIYI, Inc.'s financial standing in the market.
iQIYI, Inc., together with its subsidiaries, provides online entertainment services under the iQIYI brand in the People's Republic of China. The company offers various products and services comprising internet video, online games, live broadcasting, online literature, animations, e-commerce, and social media platform. It operates a platform that provides a collection of internet video content, including professionally-produced content licensed from professional content providers and self-produced content. The company also provides membership, content distribution, and online advertising services. In addition, it operates iQIYI Show, a live broadcasting service that enables users to follow their favorite hosts, celebrities, and shows in real time through live broadcasting; and iQIYI Lite, an easy and quick access to the personalized videos based on their user preferences. Further, it is involved in the talent agency and IP licensing activities, as well as engages in developing a video community app. The company was formerly known as Qiyi.com, Inc. and changed its name to iQIYI, Inc. in November 2017. iQIYI, Inc. was incorporated in 2009 and is headquartered in Beijing, China. iQIYI, Inc. is a subsidiary of Baidu Holdings Limited.