Upward Trajectory: Kingsoft Cloud Holdings Ltd ADR (KC) Posts a Slidee, Closing at 8.92

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The closing price of Kingsoft Cloud Holdings Ltd ADR (NASDAQ: KC) was $8.92 for the day, down -4.19% from the previous closing price of $9.31. In other words, the price has decreased by -$4.19 from its previous closing price. On the day, 0.96 million shares were traded. KC stock price reached its highest trading level at $9.1 during the session, while it also had its lowest trading level at $8.87.

Ratios:

Our analysis of KC’s different ratios will help us gain a deeper understanding of the company. 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:

Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 2118259072 and an Enterprise Value of 28642449408. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.24 while its Price-to-Book (P/B) ratio in mrq is 2.89. Its current Enterprise Value per Revenue stands at 4.083 whereas that against EBITDA is -105.169.

Stock Price History:

Over the past 52 weeks, KC has reached a high of $9.77, while it has fallen to a 52-week low of $2.02. The 50-Day Moving Average of the stock is 56.86%, while the 200-Day Moving Average is calculated to be 152.50%.

Shares Statistics:

KC traded an average of 3.83M shares per day over the past three months and 2929520 shares per day over the past ten days. A total of 253.69M shares are outstanding, with a floating share count of 253.53M. Insiders hold about 0.06% of the company’s shares, while institutions hold 8.65% stake in the company. Shares short for KC as of 1730332800 were 5878472 with a Short Ratio of 2.10, compared to 1727654400 on 7483952. Therefore, it implies a Short% of Shares Outstanding of 5878472 and a Short% of Float of 5.35.

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