A share price of Kingsoft Cloud Holdings Ltd ADR [KC] is currently trading at $6.69, down -4.56%. An important factor to consider is whether the stock is rising or falling in short-term value. The KC shares have gain 15.74% over the last week, with a monthly amount glided 133.92%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Kingsoft Cloud Holdings Ltd ADR [NASDAQ: KC] stock has seen the most recent analyst activity on November 22, 2024, when Nomura upgraded its rating to a Buy and also boosted its price target to $6.70 from $2.30. Previously, CLSA upgraded its rating to Outperform on March 21, 2024, and kept the price target unchanged to $4.40. On March 21, 2024, upgrade upgraded it’s rating to Buy but maintained its price target of $5 on the stock. JP Morgan upgraded its rating to a Overweight. Goldman upgraded its rating to a Neutral but $4.50 remained the price target by the analyst firm on June 01, 2023. Goldman downgraded its rating to Sell for this stock on April 24, 2023, and upped its price target to $5.10. In a note dated September 07, 2022, Citigroup downgraded an Neutral rating on this stock and revised its target price from $8.50 to $3.
Kingsoft Cloud Holdings Ltd ADR experienced fluctuations in its stock price throughout the past year between $2.02 and $7.30. Currently, Wall Street analysts expect the stock to reach $4.97 within the next 12 months. Kingsoft Cloud Holdings Ltd ADR [NASDAQ: KC] shares were valued at $6.69 at the most recent close of the market. An investor can expect a potential drop of -25.71% based on the average KC price forecast.
Analyzing the KC fundamentals
Trailing Twelve Months sales for Kingsoft Cloud Holdings Ltd ADR [NASDAQ:KC] were 1.01B which represents 17.30% growth. Gross Profit Margin for this corporation currently stands at 0.16% with Operating Profit Margin at -0.28%, Pretax Profit Margin comes in at -0.28%, and Net Profit Margin reading is -0.28%. To continue investigating profitability, this company’s Return on Assets is posted at -0.12, Equity is -0.33 and Total Capital is -0.27. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.45.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 6.49 points at the first support level, and at 6.29 for the second support level. However, for the 1st resistance point, the stock is sitting at 7.02, and for the 2nd resistance point, it is at 7.35.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Kingsoft Cloud Holdings Ltd ADR [NASDAQ:KC] is 0.67. On the other hand, the Quick Ratio is 0.67, and the Cash Ratio is 0.18. Considering the valuation of this stock, the price to sales ratio is 1.68, the price to book ratio is 2.17.
Transactions by insiders
Recent insider trading involved Tian Kaiyan, Vice President, that happened on Nov 21 ’24 when 3200.0 shares were purchased. Senior Vice President, Liu Tao completed a deal on Nov 21 ’24 to buy 60000.0 shares.
