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KE Holdings Inc ADR (BEKE) Looks Ready for Growth Despite -3.69% Change This Year

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KE Holdings Inc ADR (NYSE: BEKE) is -3.69% lower on its value in year-to-date trading and has touched a low of $12.44 and a high of $26.05 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 BEKE stock was last observed hovering at around $18.03 in the last trading session, with the day’s loss setting it -0.29%.

Currently trading at $17.74, the stock is -6.05% and -10.73% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.72 million and changing -1.61% at the moment leaves the stock 4.74% off its SMA200. BEKE registered 14.45% gain for a year compared to 6-month gain of 20.43%. The firm has a 50-day simple moving average (SMA 50) of $19.9306 and a 200-day simple moving average (SMA200) of $16.9192.

The stock witnessed a -6.19% loss in the last 1 month and extending the period to 3 months gives it a -31.24%, and is -4.06% down 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 3.12% over the week and 3.41% over the month.

KE Holdings Inc ADR (BEKE) has around 116344 employees, a market worth around $19.78B and $11.45B in sales. Current P/E ratio is 36.19 and Fwd P/E is 15.46. Profit margin for the company is 5.04%. Distance from 52-week low is 42.60% and -31.89% from its 52-week high. The company has generated returns on investments over the last 12 months (5.11%).

The EPS is expected to shrink by -12.78% this year.

KE Holdings Inc ADR (BEKE) Top Institutional Holders

The shares outstanding are 1.12B, and float is at 1.10B with Short Float at 3.20%.

The top institutional shareholder in the company is PRICE T ROWE ASSOCIATES INC /MD/ with over 43.13 million shares valued at $610.24 million. The investor’s holdings represent 3.7615% of the BEKE Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 34.5 million shares valued at $$488.2 million to account for 3.0092 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 25.32 million shares representing 2.208% and valued at over $358.21 million, while HHLR ADVISORS, LTD. holds 2.0211 of the shares totaling 23.17 million with a market value of $327.89 million.

KE Holdings Inc ADR (BEKE) Insider Activity

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Still, SEC filings show that on Sep 30 ’24, MYRIAD TALENT INVESTMENT LIMIT (Officer) Proposed Sale 500,000 shares at an average price of $16.35 for $8.18 million. The insider now directly holds shares of KE Holdings Inc ADR (BEKE).

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