On June 22, 2022, Kingsoft Cloud Holdings Limited (NASDAQ: KC) opened at $4.35, lower -7.54% from the last session. During the day, the shares moved up to $4.55 and dropped to $4.15 before settling in for the closing price of $4.51. Price fluctuations for KC have ranged from $2.50 to $36.31 over the past 52 weeks.
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Company’s average yearly earnings per share was noted -12.90% at the time writing. With a float of $112.78 million, this company’s outstanding shares have now reached $243.22 million.
Let’s determine the extent of company efficiency that accounts for 10209 employees. In terms of profitability, gross margin is +3.10, operating margin of -20.00, and the pretax margin is -17.39.
Kingsoft Cloud Holdings Limited (KC) Earnings and Forecasts
If we go through the results of last quarter, which was made public on 12/30/2021, the company posted -$0.34 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at -$0.31) by -$0.03. This company achieved a net margin of -17.53 while generating a return on equity of -16.85. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.21 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -12.90% per share during the next fiscal year.
Kingsoft Cloud Holdings Limited (NASDAQ: KC) Trading Performance Indicators
Check out the current performance indicators for Kingsoft Cloud Holdings Limited (KC). In the past quarter, the stock posted a quick ratio of 1.60. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.74.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.11, a number that is poised to hit -1.51 in the next quarter and is forecasted to reach -4.04 in one year’s time.
Technical Analysis of Kingsoft Cloud Holdings Limited (KC)
Looking closely at Kingsoft Cloud Holdings Limited (NASDAQ: KC), its last 5-days average volume was 2.88 million, which is a drop from its year-to-date volume of 5.01 million. As of the previous 9 days, the stock’s Stochastic %D was 9.54%. Additionally, its Average True Range was 0.48.
During the past 100 days, Kingsoft Cloud Holdings Limited’s (KC) raw stochastic average was set at 26.81%, which indicates a significant increase from 1.14% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 104.61% in the past 14 days, which was lower than the 186.41% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $4.04, while its 200-day Moving Average is $13.39. However, in the short run, Kingsoft Cloud Holdings Limited’s stock first resistance to watch stands at $4.43. Second resistance stands at $4.69. The third major resistance level sits at $4.83. If the price goes on to break the first support level at $4.03, it is likely to go to the next support level at $3.89. Should the price break the second support level, the third support level stands at $3.63.
Kingsoft Cloud Holdings Limited (NASDAQ: KC) Key Stats
There are currently 243,545K shares outstanding in the company with a market cap of 1.04 billion. Presently, the company’s annual sales total 1,422 M according to its annual income of -249,300 K. Last quarter, the company’s sales amounted to 342,910 K and its income totaled -87,270 K.