Kingsoft Cloud Holdings Ltd ADR (NASDAQ: KC) on Monday, soared 17.36% from the previous trading day, before settling in for the closing price of $4.09. Within the past 52 weeks, KC’s price has moved between $2.02 and $5.80.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
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 49.95%. 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 12.05%.
Kingsoft Cloud Holdings Ltd ADR (KC) Performance Highlights and Predictions
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 -0.13 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 49.95% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 3.81% 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 1.25.
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 4.56 million. That was better than the volume of 1.45 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 94.17%. Additionally, its Average True Range was 0.31.
During the past 100 days, Kingsoft Cloud Holdings Ltd ADR’s (KC) raw stochastic average was set at 100.00%, which indicates a significant increase from 100.00% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 118.12% in the past 14 days, which was higher than the 88.83% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.87, while its 200-day Moving Average is $2.83. However, in the short run, Kingsoft Cloud Holdings Ltd ADR’s stock first resistance to watch stands at $5.02. Second resistance stands at $5.23. The third major resistance level sits at $5.67. If the price goes on to break the first support level at $4.37, it is likely to go to the next support level at $3.93. Assuming the price breaks the second support level, the third support level stands at $3.72.
Kingsoft Cloud Holdings Ltd ADR (NASDAQ: KC) Key Stats
Market capitalization of the company is 1.22 billion 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.
