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How to Buy Qifu Technology Stock

Qifu Technology Inc

360 DigiTech, Inc. , through its subsidiaries, operates financial technology platform under the 360 Jietiao brand in the People's Republic of China.

Qifu Technology stock last closed at $14.79, up 0.41% from the previous day, and has decreased 12.17% in one year. It has underperformed other stocks in the Credit Services industry by 0.24 percentage points. Qifu Technology stock is currently +12.73% from its 52-week low of $13.12, and -41.98% from its 52-week high of $25.49.

At the moment, there are 320.79M QFIN shares outstanding. The market capitalization of QFIN is $2.37B. In the past 24 hours, 339,311 QFIN shares were traded.

How to Buy Qifu Technology Stock

Not sure how to invest in Qifu Technology stock? Here's how.
  1. Figure out where to buy Qifu Technology stock: You need to decide on a stock brokerage, but don't worry - we've researched dozens of online brokerages and apps to help you choose where to buy Qifu Technology stock.
  2. Sign up for a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
  3. Put funds into your brokerage account: Pick your payment method and add your details.
  4. Research Qifu Technology stock: The Qifu Technology ticker symbol is QFIN. Is Qifu Technology stock a good investment? Should you buy shares of QFIN? How do QFIN's underlying business fundamentals look? Do top analysts think Qifu Technology is a good buy? Why has QFIN's stock price moved recently? (Hint: Our stock market analysis tools can help you decide if QFIN is a good stock to buy).
  5. Make your QFIN buy order: Decide if you will purchase QFIN shares at the current market price or use a limit order to buy QFIN shares at a given price.
  6. Watch your QFIN position: Create a watchlist to track your new investment in Qifu Technology shares.

Step 1: Figure out where to buy Qifu Technology stock

You will need an online brokerage account in order to access the NASDAQ market and buy QFIN stock.

A brokerage account is an investment account that enables you to buy and sell a number of investments, including stocks, bonds, mutual funds, and ETFs.

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Step 2: Sign up for a brokerage account

Now that you've picked your brokerage, you need to fill out some personal info so you can buy QFIN today.

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Step 3: Put funds into your brokerage account

Now that you've filled out your info on investing apps, you can securely and quickly fund your account:

Check out the video below to see the process of transferring funds into your new investment account.

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Step 4: Research Qifu Technology stock

After you have figured out the best place to buy Qifu Technology stock, it's important to research their stock before you buy, so you truly understand the risk and upside.

Qifu Technology Numbers

QFIN Price
$14.79
1w %
-4.7%
1y %
-12.17%
5y %
N/A
P/E
4.3x
P/B
0.82x
P/S
1.11x
PEG
0.15x
Revenue
$2.14B
Earnings
$552.68M
Fore. Rev. Growth
9.56%
Fore. Earn. Growth
31.35%
Market Cap
$2.37B
Next Earnings
N/A
Next Dividend
N/A

QFIN Due Diligence Checks

WallStreetZen was created to help everyday investors perform more accurate fundamental analysis.

You can see all of the due diligence checks on QFIN's stock page.

How is QFIN stock valued?

Investors use many financial metrics, analyses, models, and charts to gauge QFIN's true value.

Using relative valuations measures:

  • QFIN could be undervalued based on its P/E ratio of 4.3x, relative to Credit Services industry P/E ratio of 27.63x
  • QFIN may be undervalued based on its P/B ratio of 0.82x, relative to Credit Services industry P/B ratio of 4.2x
  • QFIN may be undervalued based on its PEG ratio of 0.15x

You can access more valuation analysis on QFIN's stock here.

QFIN Financial Overview

Positive Health Checks:

  • QFIN's operating cash flow of $896.04M allows it to safely service it's debt of $103.32M.
  • There are more short-term assets than short-term liabilities on the QFIN balance sheet.
  • There are more short-term assets than long-term liabilities on the QFIN balance sheet.
  • QFIN earnings of $681.44M is not sufficient to cover its interest payments.

Negative Health Checks:

  • QFIN has a relatively high debt to equity ratio of 1.18.
  • QFIN profit margin has gone down from 26.2% to 25.8% in the past year.

Is Qifu Technology stock a Buy, Hold, or Sell, according to Wall Street analysts?

Out of 1 Wall Street analysts who research QFIN, the consensus analyst rating on Qifu Technology is a Strong Buy

Please note that analyst forecasts are not stock recommendations, nor are they financial advice.

You can dig deeper into what analysts are projecting on the Qifu Technology stock forecast page.

Metrics for Advanced QFIN Traders

SMA10
15.3
SMA20
15.65
SMA50
15.47
SMA100
16.16
SMA200
16.87
MACD
-0.19
MACD Signal
-0.02
MACD Histogram
-0.17
RSI
41.55
Stochastic %K
12.22
Stochastic %D
11.46
StochRSI %K
4.98
StochRSI %D
2.28

QFIN Growth Metrics

Last year, QFIN earnings were $552.68M. In the last 4 year, QFIN's earnings have gone up by 4.27% per year. This was slower than the Credit Services industry average of 14.77%.

Last year, QFIN revenue was $2.14B. During the last 4 year, QFIN's revenue has increased by 16.29% per year. This was faster than the Credit Services industry average of 9.91%.

Find out more about QFIN's earnings and revenue performance here.

Are QFIN insiders buying or selling the stock?

Over the last year, executives and large shareholders at QFIN have not bought or sold any shares.

Learn more about who owns QFIN stock here.

Does QFIN stock generate passive income?

Qifu Technology pays a dividend of 5.54%, compared to the Credit Services industry's average dividend yield of 4.21%. If you owned $1,000 of QFIN stock, you would have been paid $55.44 last year.

Dig into more data about Qifu Technology dividend yield and history here.

What do other investors have to say about QFIN?

One of the major reasons eToro is our highest-rated brokerage is because of its social trading community.

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Step 5: Make your QFIN buy order

There are two primary options:

  • Market order: A market order is an order to buy or sell a stock at the best possible price.
    Market orders are mostly fine for most investors.
  • Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
    If you want to be sure you're buying or selling at an exact dollar amount limit, use a limit order.

Click the Open Trade button and your broker will place your order.

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Step 6: Watch your QFIN position

Now that you own some shares in QFIN, you'll want to keep up with your investment.

Make a watchlist to keep tabs on your QFIN stock.

QFIN Feed

How to Buy Stock in Qifu Technology

To summarize, here are the 6 steps for buying Qifu Technology stock:

  1. Figure out where to buy Qifu Technology stock
  2. Sign up for a brokerage account
  3. Put funds into your brokerage account
  4. Research Qifu Technology stock
  5. Make your QFIN buy order
  6. Watch your QFIN position

If you are looking for a place to buy stocks, eToro is our recommended venue.

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If you want to get updates on your new investment in Qifu Technology, click below.

NASDAQ: QFIN
$14.79+0.06 (+0.41%)
Updated Dec 7, 2023
Open eToro Account
NASDAQ: QFIN
$14.79+0.06 (+0.41%)
Updated Dec 7, 2023
Open eToro Account

FAQ

How much does it cost to buy one Qifu Technology share?

As of Dec 7, 2023, it costs $14.79 to buy one share of Qifu Technology stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $7, you can buy 0.473 shares of QFIN.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Qifu Technology stock?

According to 1 Wall Street analysts who monitor Qifu Technology, their consensus recommendation is to buy Qifu Technology stock.

What is the best way to buy Qifu Technology stock?

One way to place an order for Qifu Technology stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.