Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
Kingsoft Cloud Holdings Ltd ADR (NASDAQ: KC) closed the day trading at $2.90 up 2.47% from the previous closing price of $2.83. In other words, the price has increased by $2.47 from its previous closing price. On the day, 0.62 million shares were traded. KC stock price reached its highest trading level at $2.975 during the session, while it also had its lowest trading level at $2.81.
Ratios:
For a better understanding of KC, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.17 and its Current Ratio is at 0.89. In the meantime, Its Debt-to-Equity ratio is 0.20 whereas as Long-Term Debt/Eq ratio is at 0.03.
On March 21, 2024, Citigroup Upgraded its rating to Buy which previously was Neutral but kept the price unchanged to $5.
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 735689408 and an Enterprise Value of 10795998208. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.69 while its Price-to-Book (P/B) ratio in mrq is 0.70. Its current Enterprise Value per Revenue stands at 1.532 whereas that against EBITDA is -20.988.
Stock Price History:
Over the past 52 weeks, KC has reached a high of $7.42, while it has fallen to a 52-week low of $2.34. The 50-Day Moving Average of the stock is -1.99%, while the 200-Day Moving Average is calculated to be -31.58%.
Shares Statistics:
Over the past 3-months, KC traded about 1.27M shares per day on average, while over the past 10 days, KC traded about 796400 shares per day. A total of 236.14M shares are outstanding, with a floating share count of 236.00M. Insiders hold about 0.06% of the company’s shares, while institutions hold 15.42% stake in the company. Shares short for KC as of 1711584000 were 7196378 with a Short Ratio of 5.90, compared to 1709164800 on 6537792.
