Qunar Cayman Islands (QUNR) Marked As A Barbarian At The Gate
Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer.
Trade-Ideas LLC identified
(
) as a "barbarian at the gate" (strong stocks crossing above resistance with today's range greater than 200%) candidate. In addition to specific proprietary factors, Trade-Ideas identified Qunar Cayman Islands as such a stock due to the following factors:
- QUNR has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $25.8 million.
- QUNR has traded 961,976 shares today.
- QUNR traded in a range 240.1% of the normal price range with a price range of $2.34.
- QUNR traded above its daily resistance level (quality: 372 days, meaning that the stock is crossing a resistance level set by the last 372 calendar days. The resistance price is defined by the Price - $0.01 at the time of the signal).
Stocks matching the 'Barbarian at the Gate' criteria are worthwhile stocks to watch for a variety of factors including historical back testing and volatility. Trade-Ideas targets these opportunities because the stock is exhibiting an unusual behavior while displaying positive price action. In this case, the stock crossed an important inflection point; namely, 'resistance' while at the same time the range of the stock's movement in price is more than twice its normal size. This large range foreshadows a possible continuation as the stock moves higher.
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More details on QUNR:
Qunar Cayman Islands Limited operates online travel commerce platform for travel service providers (TSPs) and display advertisers in the People's Republic of China. Currently there are 2 analysts that rate Qunar Cayman Islands a buy, no analysts rate it a sell, and 3 rate it a hold.
The average volume for Qunar Cayman Islands has been 574,600 shares per day over the past 30 days. Qunar Cayman Islands has a market cap of $3.5 billion and is part of the services sector and leisure industry. Shares are up 12.6% year-to-date as of the close of trading on Tuesday.
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Analysis:
rates Qunar Cayman Islands as a
. The company's weaknesses can be seen in multiple areas, such as its feeble growth in its earnings per share and deteriorating net income.
Highlights from the ratings report include:
- QUNAR CAYMAN ISLANDS -ADR has experienced a steep decline in earnings per share in the most recent quarter in comparison to its performance from the same quarter a year ago. For the next year, the market is expecting a contraction of 385.4% in earnings (-$1.17 versus -$0.24).
- The company, on the basis of change in net income from the same quarter one year ago, has significantly underperformed when compared to that of the S&P 500 and the Internet & Catalog Retail industry. The net income has significantly decreased by 1055.6% when compared to the same quarter one year ago, falling from -$7.98 million to -$92.25 million.
- The gross profit margin for QUNAR CAYMAN ISLANDS -ADR is currently very high, coming in at 75.49%. Regardless of QUNR's high profit margin, it has managed to decrease from the same period last year. Despite the mixed results of the gross profit margin, QUNR's net profit margin of -112.99% significantly underperformed when compared to the industry average.
- Compared to other companies in the Internet & Catalog Retail industry and the overall market, QUNAR CAYMAN ISLANDS -ADR's return on equity significantly trails that of both the industry average and the S&P 500.
- The share price of QUNAR CAYMAN ISLANDS -ADR has not done very well: it is down 11.35% and has underperformed the S&P 500, in part reflecting the company's sharply declining earnings per share when compared to the year-earlier quarter.
- You can view the full Qunar Cayman Islands Ratings Report.
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