Kingsoft Cloud Holdings Ltd ADR (NASDAQ: KC) on Tuesday, plunged -0.36% from the previous trading day, before settling in for the closing price of $2.75. Within the past 52 weeks, KC’s price has moved between $2.34 and $7.42.
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Annual sales at Technology sector company grew by 30.60% over the past five years. The company achieved an average annual earnings per share of 55.99%. With a float of $238.57 million, this company’s outstanding shares have now reached $238.72 million.
Let’s look at the performance matrix of the company that is accounted for 10493 employees.
Kingsoft Cloud Holdings Ltd ADR (KC) Insider and Institutional Ownership
Observing investor behavior towards Software – Application industry stocks is more important than anything else. The insider ownership of Kingsoft Cloud Holdings Ltd ADR is 0.06%, while institutional ownership is 12.68%.
Kingsoft Cloud Holdings Ltd ADR (KC) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 55.99% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 25.00% 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
Kingsoft Cloud Holdings Ltd ADR (KC) is currently performing well based on its current performance indicators. A quick ratio of 0.89 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.67.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.13, a number that is poised to hit -0.12 in the next quarter and is forecasted to reach -0.42 in one year’s time.
Technical Analysis of Kingsoft Cloud Holdings Ltd ADR (KC)
Kingsoft Cloud Holdings Ltd ADR (NASDAQ: KC) saw its 5-day average volume 0.91 million, a negative change from its year-to-date volume of 1.2 million. As of the previous 9 days, the stock’s Stochastic %D was 6.30%. 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 26.14%, which indicates a significant increase from 4.81% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 52.95% in the past 14 days, which was lower than the 82.27% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $3.04, while its 200-day Moving Average is $3.80. Nevertheless, the first resistance level for the watch stands at $2.82 in the near term. At $2.89, the stock is likely to face the second major resistance level. The third major resistance level sits at $2.96. If the price goes on to break the first support level at $2.68, it is likely to go to the next support level at $2.61. The third support level lies at $2.54 if the price breaches the second support level.
Kingsoft Cloud Holdings Ltd ADR (NASDAQ: KC) Key Stats
Market capitalization of the company is 654.09 million based on 253,686K outstanding shares. Right now, sales total 992,610 K and income totals -306,530 K. The company made 245,930 K in profit during its latest quarter, and -49,780 K in sales during its previous quarter.
