Kuke Music Holding Ltd ADR (NYSE: KUKE) is -23.26% lower on its value in year-to-date trading and has touched a low of $0.47 and a high of $4.07 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 KUKE stock was last observed hovering at around $0.96 in the last trading session, with the day’s loss setting it -0.17%.
Currently trading at $0.79, the stock is 5.22% and -14.02% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.49 million and changing -17.93% at the moment leaves the stock -54.10% off its SMA200. KUKE registered -25.48% loss for a year compared to 6-month loss of -70.30%. The firm has a 50-day simple moving average (SMA 50) of $0.9187 and a 200-day simple moving average (SMA200) of $1.721065.
The stock witnessed a 1.37% gain in the last 1 month and extending the period to 3 months gives it a -36.81%, and is 36.19% 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 35.32% over the week and 21.87% over the month.
Kuke Music Holding Ltd ADR (KUKE) has around 108 employees, a market worth around $24.70M and $14.87M in sales. Profit margin for the company is -61.72%. Distance from 52-week low is 68.06% and -80.59% from its 52-week high. The company has generated returns on investments over the last 12 months (-116.07%).
The top institutional shareholder in the company is SUSQUEHANNA INTERNATIONAL GROUP, LLP with over 19769.0 shares valued at $26490.0. The investor’s holdings represent 0.0543 of the KUKE Shares outstanding. As of 2024-06-30, the second largest holder is TWO SIGMA SECURITIES, LLC with 13274.0 shares valued at $17787.0 to account for 0.0364 of the shares outstanding. The other top investors are RHUMBLINE ADVISERS which holds 7715.0 shares representing 0.0212 and valued at over $10338.0, while ADVISOR GROUP HOLDINGS, INC. holds 0.0011 of the shares totaling 400.0 with a market value of $536.0.
