Market Highlights: Kingsoft Cloud Holdings Ltd ADR (KC) Ends on a High Note at 18.09

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The price of Kingsoft Cloud Holdings Ltd ADR (NASDAQ: KC) closed at $18.09 in the last session, up 10.98% from day before closing price of $16.30. In other words, the price has increased by $10.98 from its previous closing price. On the day, 4.11 million shares were traded.

Ratios:

We take a closer look at KC’s different ratios to gain a better understanding of the stock. 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.

On December 06, 2024, UBS Upgraded its rating to Buy which previously was Neutral and also upped its target price recommendation from $4.20 to $12.50.

Nomura Upgraded its Neutral to Buy on November 22, 2024, whereas the target price for the stock was revised from $2.30 to $6.70.

Insider Transactions:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. 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:

For the stock, the TTM Price-to-Sale (P/S) ratio is 4.55 while its Price-to-Book (P/B) ratio in mrq is 5.86.

Stock Price History:

Over the past 52 weeks, KC has reached a high of $22.26, while it has fallen to a 52-week low of $2.02. The 50-Day Moving Average of the stock is 26.55%, while the 200-Day Moving Average is calculated to be 186.11%.

Shares Statistics:

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 6.41% stake in the company.

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