No Stopping Kuke Music Holding Ltd ADR (NYSE: KUKE) These Days

Kuke Music Holding Ltd ADR (NYSE:KUKE) does about 293.69K shares in volume on a normal day but saw 5089621 shares change hands in the recent trading day. The company now has a market cap of 18.19M USD. Its current market price is $0.73, marking an increase of 28.52% compared to the previous close of $0.57. The 52 week high reached by this stock is $4.07 whilst the lowest price level in 52 weeks is $0.47.

Kuke Music Holding Ltd ADR (KUKE) has a 20-day trading average at $0.7427 and the current price is -82.06% off the 52-week high compared with 55.32% distance from its 52-week low. The 50-day simple moving average of the closing price is $0.9345 and its 200-day simple moving average is $1.7226. If we look at the stock’s price movements over the week, volatility stands at 33.75%, which decreases to 19.91% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 47.42 to suggest the stock is neutral.

The current price level is -1.71%, -21.88%, and -57.62% away from its SMA20, SMA50, and SMA200 respectively, with the KUKE price moving above the 50-day SMA on current market day. Kuke Music Holding Ltd ADR (KUKE) stock is up 8.71% over the week and -3.95% over the past month. Its price is -29.08% year-to-date and -32.41% over the past year.

Outstanding shares total 24.92M with insiders holding 23.99% of the shares and institutional holders owning 0.13% of the company’s common stock. The company has a return on investment of -233.74%. The beta has a value of 0.44. Price to book ratio is 7.91 and price to sales ratio is 1.20.