Kingsoft Cloud Holdings Ltd ADR (NASDAQ: KC) is -12.77% lower on its value in year-to-date trading and has touched a low of $2.02 and a high of $12.84 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 $10.21 in the last trading session, with the day’s loss setting it -1.06%.
Currently trading at $9.15, the stock is -8.01% and 22.92% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.36 million and changing -10.38% at the moment leaves the stock 132.16% off its SMA200. KC registered 225.62% gain for a year compared to 6-month gain of 229.14%. The firm has a 50-day simple moving average (SMA 50) of $7.3192 and a 200-day simple moving average (SMA200) of $3.9105.
The stock witnessed a 1.44% loss in the last 1 month and extending the period to 3 months gives it a 188.64%, and is -19.38% 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 5.26% over the week and 6.10% over the month.
Kingsoft Cloud Holdings Ltd ADR (KC) has around 10493 employees, a market worth around $2.32B and $1.01B in sales. Profit margin for the company is -28.28%. Distance from 52-week low is 352.97% and -28.74% from its 52-week high. The company has generated returns on investments over the last 12 months (-34.26%).
with sales reaching $2.1B over the same period.The EPS is expected to grow by 32.34% this year, but quarterly earnings will post 8.83% year-over-year. Quarterly sales are estimated to grow 22.13% in year-over-year returns.
Kingsoft Cloud Holdings Ltd ADR (KC) Top Institutional Holders
The shares outstanding are 253.69M, and float is at 253.53M with Short Float at 3.72%.
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.
Kingsoft Cloud Holdings Ltd ADR (KC) Insider Activity
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Still, SEC filings show that on Nov 21 ’24, Liu Tao (Senior Vice President) Proposed Sale 60,000 shares at an average price of $6.53 for $0.39 million. The insider now directly holds shares of Kingsoft Cloud Holdings Ltd ADR (KC).