In the quest to outshine the broader market, stock pickers diligently seek out stocks with the potential for superior performance. Making the right choices can significantly elevate your wealth.
Kingsoft Cloud Holdings Ltd ADR (NASDAQ: KC) closed the day trading at $17.04 down -7.21% from the previous closing price of $18.36. In other words, the price has decreased by -$7.21 from its previous closing price. On the day, 4.57 million shares were traded. KC stock price reached its highest trading level at $17.84 during the session, while it also had its lowest trading level at $16.91.
Ratios:
For a better understanding of KC, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.67 and its Current Ratio is at 0.67. In the meantime, Its Debt-to-Equity ratio is 0.47 whereas as Long-Term Debt/Eq ratio is at 0.12.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, UBS on December 06, 2024, Upgraded its rating to Buy and sets its target price to $12.50 from $4.20 previously.
On November 22, 2024, Nomura Upgraded its rating to Buy which previously was Neutral and also upped its target price recommendation from $2.30 to $6.70.
CLSA Upgraded its Underperform to Outperform on March 21, 2024, while the target price for the stock was maintained at $4.40.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Dec 09 ’24 when He Haijian bought 300,000 shares for $9.25 per share.
Tian Kaiyan bought 3,200 shares of KC for $20,896 on Nov 21 ’24. On Nov 21 ’24, another insider, Liu Tao, who serves as the Senior Vice President of the company, bought 60,000 shares for $6.53 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, KC now has a Market Capitalization of 4070072320 and an Enterprise Value of 28642449408. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.28 while its Price-to-Book (P/B) ratio in mrq is 5.52. Its current Enterprise Value per Revenue stands at 4.083 whereas that against EBITDA is -105.169.
Stock Price History:
The Beta on a monthly basis for KC is 2.27, which has changed by 5.8271375 over the last 52 weeks, in comparison to a change of 0.21313763 over the same period for the S&P500. Over the past 52 weeks, KC has reached a high of $18.74, while it has fallen to a 52-week low of $2.02. The 50-Day Moving Average of the stock is 59.01%, while the 200-Day Moving Average is calculated to be 245.95%.
Shares Statistics:
Over the past 3-months, KC traded about 3.94M shares per day on average, while over the past 10 days, KC traded about 5372450 shares per day. A total of 253.69M shares are outstanding, with a floating share count of 253.68M. Insiders hold about 0.00% of the company’s shares, while institutions hold 8.51% stake in the company. Shares short for KC as of 1730332800 were 5878472 with a Short Ratio of 2.64, compared to 1727654400 on 7483952. Therefore, it implies a Short% of Shares Outstanding of 5878472 and a Short% of Float of 5.35.
