Kingsoft Cloud Holdings Ltd ADR (NASDAQ:KC) currently has a daily average trading volume of 2.41M but it saw 3250220 shares traded in last market. With a market cap of 1.13B USD, the company’s current market price of $4.45 came rising about 9.07 while comparing to the previous closing price of $4.08. In past 52 weeks, the stock remained buoying in the range of price level as high as $5.80 and as low as $2.02. In the recent trading on the day, stock has struck highest price mark of $4.28 while lowest mark touched by it was $4.65.
Taking a look at 20-day trading activity of Kingsoft Cloud Holdings Ltd ADR (KC) gives us an average price of $3.23, while its current price level is -23.28% below from 52-week high level whereas it is 120.30% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $2.96 while that of 200 days or SMA-200 reads an average of $2.85. A closer look into the stock’s movement over the week reveals that its volatility is standing at 11.63% during that period while stretching the period over a month that decreases to 6.78%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 65.54 which implies that the stock is in neutral territory.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the CLSA which upgraded the stock as “Outperform” in its note to investors issued on March 21, 2024, recommending a price target of $4.40 for it. Citigroup upgraded its recommendation for the stock as a “Buy” from “Neutral” on March 21, 2024 while assigning a price target of $5.
Over the week, KC’s stock price is moving 18.04% up while it is 63.00% when we observe its performance for the past one month. Year-to-date it is 17.72% up and over the past year, the stock is showing a downside performance of -13.93%.
The latest quarterly earnings report issued by the company reported quarterly earnings per share (EPS) of -1.32 beaten by the consensus estimate of -1.15 for the same. The company is expected to be releasing its next quarterly report in December, for which analysts forecasted an EPS of -1.05 while estimate for next year EPS is -3.88. In next quarter, company is expected to be making quarterly sales of $2B as analysts are expecting the sales for current fiscal year at $7.48B and seeing the company making $8.06B in sales next year. Moreover, analysts are in estimates of $1.92B for current-quarter revenue.
Currently, Kingsoft Cloud Holdings Ltd ADR’s total number of outstanding shares is 253.69M. Company’s return on investment (ROI) stands at -25.21% and return on equity (ROE) at -25.07%. Stock’s beta reads 2.12. Stock has a price to book (P/B) ratio of 1.22 while price to sale or P/S ratio amounts to 1.16. Its return on asset (ROA) is -10.99% on average.
