Kingsoft Cloud Holdings Limited [KC] has traded in a range of $17.01 to $42.80 in the last 1 year. As of this writing, the stock is at $33.82, down -9.35%. To check whether the stock’s short-term amount has a thrust, its good to check stock’s recent movement. Over the last week, KC shares are 8.62% up with the monthly amount drift of 20.24% and seems well in a long time frame.

On 18, November 2020, Kingsoft Cloud Announces Unaudited Third Quarter 2020 Financial Results. According to news published on Yahoo Finance, Kingsoft Cloud Holdings Limited (“Kingsoft Cloud” or the “Company”) (NASDAQ: KC), a leading independent cloud service provider in China, today announced its unaudited financial results for the third quarter ended September 30, 2020.

Analyst Birdseye View:

The most recent analyst activity for Kingsoft Cloud Holdings Limited [NASDAQ:KC] stock was on June 08, 2020, when it was Initiated with an Overweight rating from JP Morgan, which also raised its 12-month price target on the stock to $27. Before that, on June 29, 2020, Goldman Recapitulated a Buy rating and elevated its amount target to $34.

In the past 52 weeks of trading, this stock has oscillated between a low of $17.01 and a peak of $42.80. Right now, according to Wall Street analyst the average 12-month amount target is $289.07. At the most recent market close, shares of Kingsoft Cloud Holdings Limited [NASDAQ:KC] were valued at $33.82. According to the average price forecast, investors can expect a potential return of 84.7%.

FUNDAMENTAL ANALYSIS

This publicly-traded organization’s revenue is $311,009 per employee, while its income is -$87,351 per employee. This company’s Gross Margin is currently 4.40%, its Operating Margin is -25.50%, its Pretax Margin is -27.86, and its Net Margin is -28.09. Continuing to look at profitability, this corporation’s Return on Assets, Equity, Whole Principal & invested Principal is sitting at -18.71, -31.91, -27.23 and -27.67 respectively.

The Principal structure of this organization shows its whole liability to whole principal at 13.78 and the whole liability to whole assets at 8.48. It shows enduring liability to the whole principal at 11.09 and enduring liability to assets at 0.07 while looking for an extended time period.

Readers are usually of view to make a close observation to the indicators that support and make resistance before moving to any particular stock. As of now, the company’s stock is sitting at 36.69 points at 1st support level, the second support level is making up to 36.06. But as of 1st resistance point, this stock is sitting at 38.47 and at 39.62 for 2nd resistance point.

Kingsoft Cloud Holdings Limited [KC] reported its earnings at -$0.24 per share in the fiscal quarter closing of 6/29/2020. The Analysts for Wall Street were expecting to report its earnings at -$0.19/share signifying the difference of -0.05 and -26.30% surprise value. Comparing the previous quarter ending of 3/30/2020, the stated earnings were -$0.58 calling estimates for -$0.04/share with the difference of -0.54 depicting the surprise of -1,350.00%.

Important Ratio’s To Watch

Meanwhile, turning our focus to liquidity, the Current Ratio for Kingsoft Cloud Holdings Limited [NASDAQ:KC] is 2.70. Likewise, the Quick ratio is also the same, showing Cash ratio at 0.93.