Currently, there are 253.69M common shares owned by the public and among those 253.68M shares have been available to trade.
The company’s stock has a 5-day price change of 37.64% and 429.37% over the past three months. KC shares are trading 44.33% year to date (YTD), with the 12-month market performance up to 482.31% higher. It has a 12-month low price of $2.02 and touched a high of $13.50 over the same period. KC has an average intraday trading volume of 3.65 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 39.73%, 60.28%, and 236.08% respectively.
Institutional ownership of Kingsoft Cloud Holdings Ltd ADR (NASDAQ: KC) shares accounts for 8.67% of the company’s 253.69M shares outstanding.
It has a market capitalization of $3.84B and a beta (3y monthly) value of 2.30. The earnings-per-share (ttm) stands at -$1.18. Price movements for the stock have been influenced by the stock’s volatility, which stands at 10.88% over the week and 6.87% over the month.
Earnings per share for the fiscal year are expected to increase by 30.41%, and 53.70% over the next financial year.
Looking at the support for the KC, a number of firms have released research notes about the stock. UBS stated their Buy rating for the stock in a research note on December 06, 2024, with the firm’s price target at $4.20-$12.50. Nomura coverage for the Kingsoft Cloud Holdings Ltd ADR (KC) stock in a research note released on November 22, 2024 offered a Buy rating with a price target of $6.70. CLSA was of a view on March 21, 2024 that the stock is Outperform, while Citigroup gave the stock Buy rating on March 21, 2024, issuing a price target of $5. JP Morgan on their part issued Overweight rating on March 11, 2024.
