Kingsoft Cloud Holdings Ltd ADR (KC) concluded trading on Thursday at a closing price of $10.20, with 7.57 million shares of worth about $77.19 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 293.82% during that period and on December 26, 2024 the price saw a gain of about 14.35%. Currently the company’s common shares owned by public are about 253.69M shares, out of which, 253.53M shares are available for trading.
Stock saw a price change of 20.85% in past 5 days and over the past one month there was a price change of 46.76%. Year-to-date (YTD), KC shares are showing a performance of 169.84% which increased to 179.45% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $2.02 but also hit the highest price of $9.77 during that period. The average intraday trading volume for Kingsoft Cloud Holdings Ltd ADR shares is 3.78 million. The stock is currently trading 17.70% above its 20-day simple moving average (SMA20), while that difference is up 74.78% for SMA50 and it goes to 186.02% higher than SMA200.
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Kingsoft Cloud Holdings Ltd ADR (NASDAQ: KC) currently have 253.69M outstanding shares and institutions hold larger chunk of about 8.65% of that.
The stock has a current market capitalization of $2.59B and its 3Y-monthly beta is at 2.46. It has posted earnings per share of -$1.18 in the same period. It has Quick Ratio of 0.67 while making debt-to-equity ratio of 0.47. 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 6.55% while standing at 7.15% over the month.
Stock’s fiscal year EPS is expected to rise by 32.50% while it is estimated to increase by 53.40% in next year. EPS is likely to grow at an annualized rate of 3.81% for next 5-years, compared to annual growth of -1.55% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by UBS on December 06, 2024 offering a Buy rating for the stock and assigned a target price range of between $4.20 and $12.50 to it. Coverage by Nomura stated Kingsoft Cloud Holdings Ltd ADR (KC) stock as a Buy in their note to investors on November 22, 2024, suggesting a price target of $6.70 for the stock. On March 21, 2024, CLSA Upgrade their recommendations, while on March 21, 2024, Citigroup Upgrade their ratings for the stock with a price target of $5. Stock get an Overweight rating from JP Morgan on March 11, 2024.
