Kingsoft Cloud Holdings Ltd ADR (KC) recent activity suggests a positive outlook with the last week’s performance of -17.18%

A new trading day began on Friday, with Kingsoft Cloud Holdings Ltd ADR (NASDAQ: KC) stock price up 1.89% from the previous day of trading, before settling in for the closing price of $3.17. KC’s price has ranged from $2.02 to $5.80 over the past 52 weeks.

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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%. Meanwhile, its annual earnings per share averaged 50.69%. With a float of $253.53 million, this company’s outstanding shares have now reached $253.69 million.

The extent of productivity of a business whose workforce counts for 10493 workers is very important to gauge. In terms of profitability, gross margin is 15.12%, operating margin of -24.22%, and the pretax margin is -25.53%.

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

As we move forward, let’s examine how large-scale investors are investing in this stock of the Software – Application Industry. The insider ownership of Kingsoft Cloud Holdings Ltd ADR is 0.06%, while institutional ownership is 12.03%.

Kingsoft Cloud Holdings Ltd ADR (KC) Latest Financial update

According to the Wall Street analysts, stocks earnings will be around 50.69% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 3.84% 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

Here are Kingsoft Cloud Holdings Ltd ADR’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.82. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.84.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.03, a number that is poised to hit -0.15 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 3.97 million was superior to 1.3 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 31.14%. Additionally, its Average True Range was 0.29.

During the past 100 days, Kingsoft Cloud Holdings Ltd ADR’s (KC) raw stochastic average was set at 56.41%, which indicates a significant increase from 49.05% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 144.03% in the past 14 days, which was higher than the 74.43% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $2.61, while its 200-day Moving Average is $2.83. Now, the first resistance to watch is $3.31. This is followed by the second major resistance level at $3.39. The third major resistance level sits at $3.52. If the price goes on to break the first support level at $3.10, it is likely to go to the next support level at $2.97. The third support level lies at $2.89 if the price breaches the second support level.

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

With a market capitalization of 819.42 million, the company has a total of 253,686K Shares Outstanding. Currently, annual sales are 992,610 K while annual income is -306,530 K. The company’s previous quarter sales were 260,320 K while its latest quarter income was -48,600 K.