Kingsoft Cloud Holdings Ltd ADR (KC) concluded trading on Wednesday at a closing price of $3.74, with 5.22 million shares of worth about $19.52 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -22.73% during that period and on March 20, 2024 the price saw a gain of about 16.15%. Currently the company’s common shares owned by public are about 236.14M shares, out of which, 236.00M shares are available for trading.
Stock saw a price change of 12.31% in past 5 days and over the past one month there was a price change of 40.60%. Year-to-date (YTD), KC shares are showing a performance of -1.06% which decreased to -27.80% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $2.34 but also hit the highest price of $10.13 during that period. The average intraday trading volume for Kingsoft Cloud Holdings Ltd ADR shares is 1.35 million. The stock is currently trading 24.54% above its 20-day simple moving average (SMA20), while that difference is up 32.37% for SMA50 and it goes to -18.41% lower than SMA200.
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Kingsoft Cloud Holdings Ltd ADR (NASDAQ: KC) currently have 236.14M outstanding shares and institutions hold larger chunk of about 15.50% of that.
The stock has a current market capitalization of $883.16M and its 3Y-monthly beta is at 2.13. It has posted earnings per share of -$1.44 in the same period. It has Quick Ratio of 1.17 while making debt-to-equity ratio of 0.15. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for KC, volatility over the week remained 7.50% while standing at 7.67% over the month.
Analysts are in expectations that Kingsoft Cloud Holdings Ltd ADR (KC) stock would likely to be making an EPS of -$0.16 in the current quarter, while forecast for next quarter EPS is -$0.14 and it is -$0.6 for next year. For the current quarter EPS, analysts have given the company a lowest target -$0.21 which is -$0.12 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of -$0.32 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 53.06% while it is estimated to increase by 17.34% in next year.
Coverage by Goldman stated Kingsoft Cloud Holdings Ltd ADR (KC) stock as a Neutral in their note to investors on June 01, 2023, suggesting a price target of $4.50 for the stock. On April 24, 2023, Goldman Downgrade their recommendations, while on September 07, 2022, Citigroup Downgrade their ratings for the stock with a price target of $3. Stock get a Neutral rating from Goldman on April 11, 2022.
