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home / news releases / QD - PPDAI: Cheap For A Reason

QD - PPDAI: Cheap For A Reason

Qudian Inc. American Depositary Shares each representing one Class A

PPDAI Group Inc. (NYSE:PPDF) is one of China's leading online consumer finance marketplaces connecting borrowers and investors. The company was listed on New York Stock Exchange at November 10, 2017. Its shares were priced at $13 each and currently trade at around $4.53.

Data by YCharts

PPDAI currently trades at 1.4x its book value. The stock looks cheap but we have a bearish rating on it. Read on and you will find out why.

Company Description

PPDAI's platform features a highly automated loan transaction process. A borrower may submit a loan application anytime,

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Stock Information
Company Name: Qudian Inc. American Depositary Shares each representing one Class A
Stock Symbol: QD
Market: NYSE
Website: qudian.com
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