Kingsoft Cloud Holdings Ltd ADR (NASDAQ: KC) is -41.27% lower on its value in year-to-date trading and has touched a low of $2.02 and a high of $5.80 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The KC stock was last observed hovering at around $2.18 in the last trading session, with the day’s gains setting it 0.04%.
Currently trading at $2.22, the stock is -3.79% and -9.48% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.45 million and changing 1.83% at the moment leaves the stock -23.44% off its SMA200. KC registered -54.13% loss for a year compared to 6-month loss of -40.64%.
The stock witnessed a -6.33% gain in the last 1 month and extending the period to 3 months gives it a -15.59%, and is 0.91% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.60% over the week and 5.91% over the month.
Kingsoft Cloud Holdings Ltd ADR (KC) has around 10493 employees, a market worth around $563.19M and $970.78M in sales. Profit margin for the company is -25.39%. Distance from 52-week low is 9.90% and -61.72% from its 52-week high. The company has generated returns on investments over the last 12 months (-27.04%).
The EPS is expected to grow by 50.80% this year
The shares outstanding are 253.69M, and float is at 253.53M with Short Float at 3.73%.
The top institutional shareholder in the company is CANADA PENSION PLAN INVESTMENT BOARD with over 20.7 million shares valued at $51.96 million. The investor’s holdings represent 8.59 of the KC Shares outstanding. As of 2024-06-30, the second largest holder is MORGAN STANLEY with 2.34 million shares valued at $5.87 million to account for 0.971 of the shares outstanding. The other top investors are ARTISAN PARTNERS LIMITED PARTNERSHIP which holds 1.22 million shares representing 0.5065 and valued at over $3.06 million, while STATE STREET CORP holds 0.2518 of the shares totaling 0.61 million with a market value of $1.52 million.
