$1.29M in average volume shows that Kingsoft Cloud Holdings Ltd ADR (KC) is heading in the right direction

On Monday, Kingsoft Cloud Holdings Ltd ADR (NASDAQ: KC) was 3.40% up from the session before settling in for the closing price of $2.65. A 52-week range for KC has been $2.34 – $8.03.

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During the last 5-year period, the sales growth of Technology Sector giant was 30.60%. When this article was written, the company’s average yearly earnings per share was at 50.91%. 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 Activity

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Kingsoft Cloud Holdings Ltd ADR stocks. The insider ownership of Kingsoft Cloud Holdings Ltd ADR is 0.06%, while institutional ownership is 15.42%.

Kingsoft Cloud Holdings Ltd ADR (KC) Earnings and Forecasts

Going through the last 3-months fiscal report unveiled on the 12/31/2023, it has been observed that the corporation posted -$0.15 earnings per share (EPS) during the time that was better than consensus figure (set at -$0.17) by $0.02. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.15 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 50.91% 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

You can see what Kingsoft Cloud Holdings Ltd ADR (KC) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.17. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.65.

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)

Looking closely at Kingsoft Cloud Holdings Ltd ADR (NASDAQ: KC), its last 5-days average volume was 0.77 million, which is a drop from its year-to-date volume of 1.31 million. As of the previous 9 days, the stock’s Stochastic %D was 32.75%. Additionally, its Average True Range was 0.19.

During the past 100 days, Kingsoft Cloud Holdings Ltd ADR’s (KC) raw stochastic average was set at 16.95%, which indicates a significant decrease from 31.54% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 45.39% in the past 14 days, which was lower than the 77.52% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $2.96, while its 200-day Moving Average is $4.25. However, in the short run, Kingsoft Cloud Holdings Ltd ADR’s stock first resistance to watch stands at $2.83. Second resistance stands at $2.92. The third major resistance level sits at $3.01. If the price goes on to break the first support level at $2.64, it is likely to go to the next support level at $2.55. Should the price break the second support level, the third support level stands at $2.46.

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

There are 253,686K outstanding shares of the company, which has a market capitalization of 647.02 million. As of now, sales total 992,610 K while income totals -306,530 K. Its latest quarter income was 242,600 K while its last quarter net income were -40,020 K.