A major move is in the offing as Kingsoft Cloud Holdings Ltd ADR (KC) market cap hits 1.88 billion

Kingsoft Cloud Holdings Ltd ADR (NASDAQ: KC) on Monday, soared 10.91% from the previous trading day, before settling in for the closing price of $6.69. Within the past 52 weeks, KC’s price has moved between $2.02 and $7.30.

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Technology Sector giant saw their annual sales surged by 30.60% over the last five years. The company achieved an average annual earnings per share of 43.22%. With a float of $253.53 million, this company’s outstanding shares have now reached $253.69 million.

The firm has a total of 10493 workers. Let’s measure their productivity. In terms of profitability, gross margin is 16.06%, operating margin of -28.02%, and the pretax margin is -28.35%.

Kingsoft Cloud Holdings Ltd ADR (KC) Insider Activity

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 8.76%. The most recent insider transaction that took place on Nov 21 ’24, was worth 20,896. Before that another transaction happened on Nov 21 ’24, when Company’s Senior Vice President proposed sale 60,000 for $6.53, making the entire transaction worth $391,800.

Kingsoft Cloud Holdings Ltd ADR (KC) Earnings and Forecasts

According to the Wall Street analysts, stocks earnings will be around 43.22% 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 0.67 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 1.86.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.18, a number that is poised to hit -0.11 in the next quarter and is forecasted to reach -0.39 in one year’s time.

Technical Analysis of Kingsoft Cloud Holdings Ltd ADR (KC)

Analysing the last 5-days average volume posted by the [Kingsoft Cloud Holdings Ltd ADR, KC], we can find that recorded value of 4.39 million was better than the volume posted last year of 1.67 million. As of the previous 9 days, the stock’s Stochastic %D was 86.84%. Additionally, its Average True Range was 0.73.

During the past 100 days, Kingsoft Cloud Holdings Ltd ADR’s (KC) raw stochastic average was set at 93.75%, which indicates a significant increase from 90.89% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 234.02% in the past 14 days, which was higher than the 124.43% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $3.87, while its 200-day Moving Average is $3.05. Now, the first resistance to watch is $7.74. This is followed by the second major resistance level at $8.07. The third major resistance level sits at $8.35. If the price goes on to break the first support level at $7.13, it is likely to go to the next support level at $6.85. Should the price break the second support level, the third support level stands at $6.52.

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

Market capitalization of the company is 1.88 billion based on 253,686K outstanding shares. Right now, sales total 992,610 K and income totals -306,530 K. The company made 268,690 K in profit during its latest quarter, and -150,640 K in sales during its previous quarter.