QDM International (OTCMKTS:QDMI) Shares Up 50.7%

QDM International Inc. (OTCMKTS:QDMI) shares shot up 50.7% during mid-day trading on Friday . The company traded as high as $3.20 and last traded at $2.41. 590 shares were traded during mid-day trading, an increase of 490% from the average session volume of 100 shares. The stock had previously closed at $1.60.

QDM International Trading Up 50.7 %

The stock’s 50-day moving average is $10.67 and its 200-day moving average is $16.99. The stock has a market cap of $702.66 million, a P/E ratio of 18.40 and a beta of 5.44.

QDM International (OTCMKTS:QDMI) last posted its quarterly earnings data on Wednesday, February 14th. The company reported $0.01 earnings per share for the quarter. QDM International had a net margin of 25.82% and a return on equity of 62.31%. The company had revenue of $1.01 million during the quarter.

About QDM International

QDM International Inc operates as an insurance brokerage company primarily in Hong Kong. The company offers life and medical insurance, such as individual life insurance; and general insurance, including automobile, commercial property, and liability and homeowner insurance. It also operates as a mandatory provident fund intermediary; and provides assistance on account opening and related services under mandatory provident fund and occupational retirement schemes ordinance schemes.