Kingsoft Cloud Holdings Ltd ADR (NASDAQ: KC) is 42.56% higher on its value in year-to-date trading and has touched a low of $2.02 and a high of $22.26 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The KC stock was last observed hovering at around $16.33 in the last trading session, with the day’s loss setting it -1.38%.
Currently trading at $14.95, the stock is -15.74% and 12.42% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.95 million and changing -8.42% at the moment leaves the stock 152.99% off its SMA200. KC registered 410.41% gain for a year compared to 6-month gain of 528.36%.
The stock witnessed a 12.61% loss in the last 1 month and extending the period to 3 months gives it a 150.50%, and is -18.94% 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 7.30% over the week and 8.36% over the month.
Kingsoft Cloud Holdings Ltd ADR (KC) has around 10493 employees, a market worth around $3.79B and $1.01B in sales. Profit margin for the company is -28.28%. Distance from 52-week low is 640.35% and -32.82% from its 52-week high. The company has generated returns on investments over the last 12 months (-34.26%).
with sales reaching $2.11B over the same period.The EPS is expected to grow by 13.50% this year, but quarterly earnings will post 8.35% year-over-year. Quarterly sales are estimated to grow 22.43% in year-over-year returns.
Kingsoft Cloud Holdings Ltd ADR (KC) Top Institutional Holders
The shares outstanding are 253.69M, and float is at 253.68M with Short Float at 5.17%.
The top institutional shareholder in the company is MORGAN STANLEY with over 2.34 million shares valued at $5.87 million. The investor’s holdings represent 0.971% of the KC Shares outstanding. As of 2024-06-30, the second largest holder is CANADA PENSION PLAN INVESTMENT BOARD with 20.7 million shares valued at $51.96 million to account for 0.5672 of the shares outstanding. The other top investors are STATE STREET CORP which holds 0.61 million shares representing 0.2518% and valued at over $1.52 million, while RENAISSANCE TECHNOLOGIES LLC holds 0.1911 of the shares totaling 0.46 million with a market value of $1.16 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).
Kingsoft Cloud Holdings Ltd ADR (KC): Who are the competitors?
The company’s main competitors (and peers) include Microsoft Corp. (MSFT) that is trading -6.37% down over the past 12 months. Amazon.com Inc. (AMZN) that is 15.45% higher over the same period.
