QUDIAN INC. (QD) Reached a 52-Week Low

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The company is now down by 19.42% percent from yesterday’s close. The stock last traded at $26.59 which is well below the 50 day moving average of $30.92 and quite a bit lower than the 200 day moving average of $30.92. The 50 day moving average went down by -14.00% and the 200 day average went down $-4.33 or -14.00%.

On October 19 analysts at Bernstein started covering QD by announcing an initial rating of “Outperform”.

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