Qudian Inc. please add this
Just looked them up, and they have a price to book (PB) ratio of about 0.3 currently. Can’t decide whether this is a value opportunity or a value trap however!
This has been added now! Thanks Freetrade
Decided to start a small position and add to it whilst I monitor every few months or so.
Anybody else out there with an interest in this company?
However, its shares tumbled from an IPO price of $24.9 to just about $1.50 in May 2020 as the Chinese government cracked down on micro-lending.
Got to say I am very wary of any of these wonga style companies.