Kingsoft Cloud Holdings Ltd ADR (NASDAQ: KC) on Monday, plunged -1.42% from the previous trading day, before settling in for the closing price of $2.81. Within the past 52 weeks, KC’s price has moved between $2.02 and $5.80.
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A company in the Technology sector has jumped its sales by 30.60% annually for the last half of the decade. The company achieved an average annual earnings per share of 50.74%. With a float of $253.53 million, this company’s outstanding shares have now reached $253.69 million.
In an organization with 10493 employees, it is important to assess its efficiency. 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 Updates
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 12.02%.
Kingsoft Cloud Holdings Ltd ADR (KC) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 50.74% 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 0.72.
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)
Let’s dig in a bit further. During the last 5-days, its volume was 2.72 million. That was better than the volume of 1.38 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 39.59%. Additionally, its Average True Range was 0.21.
During the past 100 days, Kingsoft Cloud Holdings Ltd ADR’s (KC) raw stochastic average was set at 34.97%, which indicates a significant decrease from 38.31% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 51.38% in the past 14 days, which was lower than the 76.61% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.72, while its 200-day Moving Average is $2.80. However, in the short run, Kingsoft Cloud Holdings Ltd ADR’s stock first resistance to watch stands at $2.87. Second resistance stands at $2.96. The third major resistance level sits at $3.03. If the price goes on to break the first support level at $2.71, it is likely to go to the next support level at $2.64. Assuming the price breaks the second support level, the third support level stands at $2.55.
Kingsoft Cloud Holdings Ltd ADR (NASDAQ: KC) Key Stats
Market capitalization of the company is 702.72 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.
