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1 Comment
Quectel Wireless Solutions Co., Ltd is currently in a long term uptrend where the price is trading 2.7% above its 200 day moving average.
From a valuation standpoint, the stock is 52.7% cheaper than other stocks from the Technology sector with a price to sales ratio of 3.8.
Quectel Wireless Solutions Co., Ltd's total revenue rose by 49.2% to $2B since the same quarter in the previous year.
Its net income has increased by 264.5% to $55M since the same quarter in the previous year.
Finally, its free cash flow fell by 47.2% to $-436M since the same quarter in the previous year.
Based on the above factors, Quectel Wireless Solutions Co., Ltd gets an overall score of 4/5.
Exchange | SHG |
---|---|
ISIN | CNE100003N01 |
Industry | Communication Equipment |
CurrencyCode | CNY |
Sector | Technology |
Market Cap | 20B |
---|---|
PE Ratio | 27.07 |
Target Price | 85.38 |
Beta | 1.12 |
Dividend Yield | None |
Quectel Wireless Solutions Co., Ltd. engages in the research and development, design, production, and sales of wireless communication modules and solutions worldwide. The company offers 2G, 3G, 4G, 5G, LPWA, automotive, smart, satellite, and Wi-Fi modules; global navigation satellite system modules; and EVB kits. It also provides QuecCloud IoT cloud platform, an Internet of things cloud platform management system, which includes cloud-based asset management, industrial data collection, energy storage management, and smart rental, as well as antennas. The company serves asset tracking, automotive, commercial telematics, digital signage, fixed wireless access, payment, remote monitoring and control, smart metering and grid, and telehealth industries. Quectel Wireless Solutions Co., Ltd. was founded in 2010 and is headquartered in Shanghai, China.
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