Kingsoft Cloud Holdings Ltd ADR (NASDAQ: KC) on Tuesday, soared 1.81% from the previous trading day, before settling in for the closing price of $2.77. Within the past 52 weeks, KC’s price has moved between $2.02 and $5.80.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Technology sector was 30.60%. The company achieved an average annual earnings per share of 50.61%. With a float of $253.53 million, this company’s outstanding shares have now reached $253.69 million.
Considering the fact that the conglomerate employs 10493 people, you should pay attention to its efficiency factor. 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) Breakdown of a Key Holders of the stock
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 11.99%.
Kingsoft Cloud Holdings Ltd ADR (KC) Recent Fiscal highlights
As on 6/30/2024, Multinational firm has announced its last quarter scores, in which it reported -0.19 earnings per share (EPS) for the period falling under the consensus outlook (set at -0.17) by -0.02. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.14 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 50.61% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 3.82% 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 0.82 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 0.74.
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)
Compared to the last year’s volume of 1.33 million, its volume of 2.02 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 15.95%. Additionally, its Average True Range was 0.25.
During the past 100 days, Kingsoft Cloud Holdings Ltd ADR’s (KC) raw stochastic average was set at 37.30%, which indicates a significant increase from 11.22% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 91.98% in the past 14 days, which was higher than the 75.76% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.66, while its 200-day Moving Average is $2.80. Nevertheless, the first resistance level for the watch stands at $2.90 in the near term. At $2.98, the stock is likely to face the second major resistance level. The third major resistance level sits at $3.04. If the price goes on to break the first support level at $2.75, it is likely to go to the next support level at $2.69. Now, if the price goes above the second support level, the third support stands at $2.61.
Kingsoft Cloud Holdings Ltd ADR (NASDAQ: KC) Key Stats
Market capitalization of the company is 715.41 million based on 253,686K outstanding shares. Right now, sales total 992,610 K and income totals -306,530 K. The company made 260,320 K in profit during its latest quarter, and -48,600 K in sales during its previous quarter.
