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Weidai Ltd is currently in a long term downtrend where the price is trading 16.1% below its 200 day moving average.
From a valuation standpoint, the stock is 95.6% cheaper than other stocks from the Financial Services sector with a price to sales ratio of 0.4.
Weidai Ltd's total revenue sank by 13.5% to $650M since the same quarter in the previous year.
Its net income has dropped by 129.8% to $-228M since the same quarter in the previous year.
Finally, its free cash flow fell by nan% to $0 since the same quarter in the previous year.
Based on the above factors, Weidai Ltd gets an overall score of 1/5.
| Exchange | NYSE |
|---|---|
| CurrencyCode | USD |
| Sector | Financial Services |
| Industry | Credit Services |
| ISIN | US94861A2078 |
| Market Cap | 14M |
|---|---|
| Target Price | 2.16 |
| Dividend Yield | 0.0% |
| Beta | 0.62 |
| PE Ratio | None |
Weidai Ltd., through its subsidiaries, engages in the online finance marketplace business in the People's Republic of China. Its platform serves as the intermediary for borrowers primarily small and micro enterprise owners and provides them with accessible credit. The company offers auto-backed loans; other secured loans comprising home equity and construction machinery loans; and unsecured loans, including professional credit and consumption loans. The company was founded in 2011 and is headquartered in Hangzhou, the People's Republic of China.
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