- QUNR has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $9.5 million.
- QUNR has traded 117,677 shares today.
- QUNR is trading at 15.87 times the normal volume for the stock at this time of day.
- QUNR is trading at a new high 9.01% above yesterday's close.
'Strong on High Relative Volume' stocks are worth watching because major volume moves tend to indicate underlying activity such as M&A events, material stock news, analyst upgrades, insider buying, buying from 'superinvestors,' or that hedge funds and momentum traders are piling into a stock ahead of a catalyst. Regardless of the impetus behind the price and volume action, when a stock moves with strength and volume it can indicate the start of a new trend on which early investors can capitalize. In the event of a well-timed trading opportunity, combining technical indicators with fundamental trends and a disciplined trading methodology should help you take the first steps towards investment success. EXCLUSIVE OFFER: Get the inside scoop on opportunities in QUNR with the Ticky from Trade-Ideas. See the FREE profile for QUNR NOW at Trade-Ideas More details on QUNR: Qunar Cayman Islands Limited operates an online travel commerce platform in the People's Republic of China. Currently there is 1 analyst that rates Qunar Cayman Islands a buy, 1 analyst rates it a sell, and 3 rate it a hold. The average volume for Qunar Cayman Islands has been 348,200 shares per day over the past 30 days. Qunar Cayman Islands has a market cap of $3.9 billion and is part of the services sector and leisure industry. Shares are down 49.9% year-to-date as of the close of trading on Wednesday. EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE. TheStreetRatings.com Analysis: TheStreet Quant Ratings rates Qunar Cayman Islands as a sell. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, generally high debt management risk, generally disappointing historical performance in the stock itself and feeble growth in its earnings per share. Highlights from the ratings report include:
- 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 47.6% when compared to the same quarter one year ago, falling from -$113.12 million to -$166.95 million.
- Looking at the price performance of QUNR's shares over the past 12 months, there is not much good news to report: the stock is down 40.95%, and it has underformed the S&P 500 Index. In addition, the company's earnings per share are lower today than the year-earlier quarter. Naturally, the overall market trend is bound to be a significant factor. However, in one sense, the stock's sharp decline last year is a positive for future investors, making it cheaper (in proportion to its earnings over the past year) than most other stocks in its industry. But due to other concerns, we feel the stock is still not a good buy right now.
- The debt-to-equity ratio is very high at 4.67 and currently higher than the industry average, implying increased risk associated with the management of debt levels within the company. Even though the debt-to-equity ratio is weak, QUNR's quick ratio is somewhat strong at 1.33, demonstrating the ability to handle short-term liquidity needs.
- QUNAR CAYMAN ISLANDS -ADR's earnings per share declined by 22.3% in the most recent quarter compared to the same quarter a year ago. The company has reported a trend of declining earnings per share over the past two years. However, the consensus estimate suggests that this trend should reverse in the coming year. During the past fiscal year, QUNAR CAYMAN ISLANDS -ADR reported poor results of -$8.50 versus -$2.53 in the prior year. This year, the market expects an improvement in earnings (-$5.37 versus -$8.50).
- 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.
- You can view the full Qunar Cayman Islands Ratings Report.
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