Kingsoft Cloud Holdings Ltd ADR (KC) recent activity suggests a positive outlook with the last week’s performance of -12.34%

Kingsoft Cloud Holdings Ltd ADR (NASDAQ: KC) kicked off on Friday, down -7.85% from the previous trading day, before settling in for the closing price of $2.93. Over the past 52 weeks, KC has traded in a range of $2.34-$8.66.

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It was noted that within the last five years, the titan of the Technology sector saw sales topped by 30.60%. While this was happening, its average annual earnings per share was recorded 52.36%. With a float of $236.00 million, this company’s outstanding shares have now reached $236.14 million.

Kingsoft Cloud Holdings Ltd ADR (KC) Insider and Institutional Ownership

Our next focus will be how large-scale investors are participating in this stock of the Software – Application Industry. The insider ownership of Kingsoft Cloud Holdings Ltd ADR is 0.06%, while institutional ownership is 15.49%.

Kingsoft Cloud Holdings Ltd ADR (KC) Latest Financial update

Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.25 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 52.36% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 19.60% during the next five years compared to -1.55% drop over the previous five years of trading.

Kingsoft Cloud Holdings Ltd ADR (NASDAQ: KC) Trading Performance Indicators

Take a look at Kingsoft Cloud Holdings Ltd ADR’s (KC) current performance indicators. Last quarter, stock had a quick ratio of 1.17. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.64.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.30, a number that is poised to hit -0.14 in the next quarter and is forecasted to reach -0.46 in one year’s time.

Technical Analysis of Kingsoft Cloud Holdings Ltd ADR (KC)

The latest stats from [Kingsoft Cloud Holdings Ltd ADR, KC] show that its last 5-days average volume of 0.73 million was inferior to 1.35 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 13.63%. Additionally, its Average True Range was 0.22.

During the past 100 days, Kingsoft Cloud Holdings Ltd ADR’s (KC) raw stochastic average was set at 10.89%, which indicates a significant increase from 7.20% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 52.81% in the past 14 days, which was lower than the 79.93% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $2.95, while its 200-day Moving Average is $4.35. Now, the first resistance to watch is $2.82. This is followed by the second major resistance level at $2.93. The third major resistance level sits at $3.01. If the price goes on to break the first support level at $2.62, it is likely to go to the next support level at $2.54. The third support level lies at $2.43 if the price breaches the second support level.

Kingsoft Cloud Holdings Ltd ADR (NASDAQ: KC) Key Stats

The company with the Market Capitalisation of 637.58 million has total of 253,686K Shares Outstanding. Its annual sales at the moment are 992,610 K in contrast with the sum of -306,530 K annual income. Company’s last quarter sales were recorded 242,600 K and last quarter income was -40,020 K.